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Onno
I didn't have the time to add your second condition, but this is a copy of
one that I know works.
Fml#1: If(RSI(14),<,30,+1,if(rsi(14),>,70,-1,0))
Fml#2: If(mov(fml(#1),2,E),>,0,+1,-1)
Once you hit an RSI(14) of < 30, this will set the indicator in Fml #2 to +1
and it will stay set until you hit an RSI(14) > 70, when it will turn to -1.
This is MS DOS 4.5 code. It just dawned on me that maybe we're talking
about two different things here. What we call a binary wave is a signal
that once triggered, stays triggered until another condition is hit. I hope
we're talking about the same thing.
If we are, this should work. Now all you have to do is add the OR
conditions and it should still work.
Hope this helps.
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Onno Goedknegt
> Sent: Saturday, October 10, 1998 12:07 PM
> To: metastock@xxxxxxxxxxxxx
> Cc: Roberts@xxxxxxxxxxxxxxxxxxx
> Subject: Re: can metastock do flip flops?
>
>
> Ton, Gerhard, Guy and Martin, thanks for your help on this topic sofar...
> But depite your help I didn't succeed in getting a binary wave.
>
> Did you get one, Simon?
>
> I would like to put a trading system into the INDICATOR BUILDER
> and hope to see a BINARY WAVE...
>
> For example (trading system):
> ENTER LONG: RSI(14)<30 OR Mo(12)<90
> ENTER SHORT: RSI(14)>70 OR Mo(12)>110
>
> So I would like to put this into the INDICATOR BUILDER to get a
> BINARY WAVE.
> When this trading system generates a BUY signal the BINARY WAVE
> should jump
> to +1 (and stay there...) and only go back to -1 after getting a
> SELL signal
> (and stay there...).
>
> I hope you can help me out.
> Thanks in advance for your help!
>
> Cheers,
> Onno
>
>
>
>
>
>
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