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Re: can metastock do flip flops?



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Thanks for your replies!

Martin, I just mentioned the RSI and Momentum as an example.
Like you, I don't think it's a interesting system.

Onno




At 14:40 12-10-98 +0930, you wrote:
>Onno ...
>
>I have built the indicator you require and have attached a .gif to display the
>result.
>The binary wave I believe is as you require it, and I have built a system test
>to use it.
>You could of course also use the expert to colour your bars as long and short
>and/or use the expert symbols to flag your buy and sell points.
>
>indicator ...
>m036 onno's binary wave
>
>long:=If(RSI(14)<30 OR Mo(12)<90,1,
>      If(RSI(14)>70 OR Mo(12)>110,-1,PREVIOUS));
>long;
>
>system test ...
>enter long/close short
>FmlVar("m036 onno's  binary wave","long")= +1
>
>close long/enter short
>FmlVar("m036 onno's  binary wave","long")= -1
>
>Applying the strategy to the Australian SPI over the last 15 years, is not
>encouraging.
>Psychologically I could not handle the results which show a significant loss
>after 5 years, very most profit after 10 years, and encouraging results only
>during the bull run of recent years.
>
>Best regards ... Martin
>
>Onno Goedknegt wrote:
>
>> 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
>
>
>
>Attachment Converted: C:\DOWNLOAD\onno.gif
>