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I should have used this message below to reply as these are what I am
using..do always use = 1,5
At 03:40 PM 6/17/98 , you wrote:
>I've included a description of Intersection so you can determine for
>yourself if this formula does what it should. (There, now I'm covered.)
>
>This is my understanding of Intersection:
>Intersection requires that the price range of either day 8 or day 9 of Setup
>overlap the price of any Setup day 3 or more days earlier, but if
>Intersection doesn't occur on Setup day 8 or 9, it can occur on any
>subsequent day.
>
>For MS 6.5, this formula plots a +1 when a BUY Setup is complete and
>Intersection occurs.
>It also plots a +1 when a SELL Setup is complete and Intersection occurs.
>For about a week it should also catch Intersections that don't occur until
>AFTER Setup day #9. Let me know if you find something wrong with it or
>something that does a better job (and is less convoluted). :)
>
>Ken
>
> -- Seq *Setup, Intersection for Buys & Sells, ALERT
>--
>
>{Holds Buy OR Sell Setup TRUE for 5 days, in order to catch Intersections
>which occur AFTER Setup day #9}
>
> {--BUY Setup, Intersection--}
>
>If(
> {BUY SETUP}
>
>Alert(
>If((C < Ref(C,-4) AND
>Ref(C,-1) < Ref(C,-5) AND
>Ref(C,-2) < Ref(C,-6) AND
>Ref(C,-3) < Ref(C,-7) AND
>Ref(C,-4) < Ref(C,-8) AND
>Ref(C,-5) < Ref(C,-9) AND
>Ref(C,-6) < Ref(C,-10) AND
>Ref(C,-7) < Ref(C,-11) AND
>Ref(C,-8) < Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) > Ref(C,-13) ),1,0) = 1 ,5 {hold true for 5 days} )
>
>AND
>
>If(
> {BUY Intersection, Part A}
>
>H >= Ref(L,-3) OR
>H >= Ref(L,-4) OR
>H >= Ref(L,-5) OR
>H >= Ref(L,-6) OR
>H >= Ref(L,-7) OR
>H >= Ref(L,-8) ,1,0) = 1 ,1,0)
>
> OR
>
>If(
> {BUY SETUP}
>
>Alert(
>If((C < Ref(C,-4) AND
>Ref(C,-1) < Ref(C,-5) AND
>Ref(C,-2) < Ref(C,-6) AND
>Ref(C,-3) < Ref(C,-7) AND
>Ref(C,-4) < Ref(C,-8) AND
>Ref(C,-5) < Ref(C,-9) AND
>Ref(C,-6) < Ref(C,-10) AND
>Ref(C,-7) < Ref(C,-11) AND
>Ref(C,-8) < Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) > Ref(C,-13) ) ,1,0) = 1 ,5 {hold true for 5 days} )
>
>AND
>If(
> {BUY Intersection, Part B- Yesterday's high}
>
>Ref(H,-1) >= Ref(L,-4) OR
>Ref(H,-1) >= Ref(L,-5) OR
>Ref(H,-1) >= Ref(L,-6) OR
>Ref(H,-1) >= Ref(L,-7) OR
>Ref(H,-1) >= Ref(L,-8) ,1,0) = 1 ,1,0) ;
>
> {----------------------}
>
> {--SELL Setup, Intersection--}
>If(
> {SELL SETUP}
>
>Alert(
>If((C > Ref(C,-4) AND
>Ref(C,-1) > Ref(C,-5) AND
>Ref(C,-2) > Ref(C,-6) AND
>Ref(C,-3) > Ref(C,-7) AND
>Ref(C,-4) > Ref(C,-8) AND
>Ref(C,-5) > Ref(C,-9) AND
>Ref(C,-6) > Ref(C,-10) AND
>Ref(C,-7) > Ref(C,-11) AND
>Ref(C,-8) > Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) < Ref(C,-13) ),1,0) = 1 ,5 {hold true for 5 days} )
>
>AND
>If(
> {SELL Intersection, PART A}
>
>L <= Ref(H,-3) OR
>L <= Ref(H,-4) OR
>L <= Ref(H,-5) OR
>L <= Ref(H,-6) OR
>L <= Ref(H,-7) OR
>L <= Ref(H,-8) ,1,0) = 1 ,1,0)
>
>OR
>
>If(
> {SELL SETUP}
>
>Alert(
>If((C > Ref(C,-4) AND
>Ref(C,-1) > Ref(C,-5) AND
>Ref(C,-2) > Ref(C,-6) AND
>Ref(C,-3) > Ref(C,-7) AND
>Ref(C,-4) > Ref(C,-8) AND
>Ref(C,-5) > Ref(C,-9) AND
>Ref(C,-6) > Ref(C,-10) AND
>Ref(C,-7) > Ref(C,-11) AND
>Ref(C,-8) > Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) < Ref(C,-13) ),1,0) = 1 ,5 {hold true for 5 days} )
>
>AND
>If(
> {SELL Intersection, PART B}
>
>Ref(L,-1) <= Ref(H,-4) OR
>Ref(L,-1) <= Ref(H,-5) OR
>Ref(L,-1) <= Ref(H,-6) OR
>Ref(L,-1) <= Ref(H,-7) OR
>Ref(L,-1) <= Ref(H,-8) ,1,0) = 1 ,1,0)
>
*********************************************
Have a nice day
Jim Kerwin
Atlanta, Georgia U.S.A.
*********************************************
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