|
PureBytes Links
Trading Reference Links
|
Hi,
Is it possible to write this formula in a way that I can run system tests
on it. In the formulas current format it plots 1 when the condition is met
otherwise 0. I wanted to test what the average move was when the security
rose or fell below a fractual.Can I plot them as a line ??
What is a good book to read to learn how to write formulas as the manual
quickly gets over my head. Is there a Dummies Guide to Formulas ??
Thank You,
Murray
> Dear Richards,
>
>
> The technical Definition of a fractal is a series of a minimum 5
> conseceutive bars where the bar with the highest high (lowest low for a
> down fractal) for an up fractal is preceded by two bars with lower highs
> (higher lows for a down fractal) and is followed by two bars with lower
> highs ( higher lows for a down fractal ) than the fractal high(low)
>
> The formula for Upfractal is
>
> (If( HIGH > Ref( HIGH , -1 ), 1 ,0 ) AND If( HIGH > Ref( HIGH , -2
> ),1 ,0 ) AND If( HIGH > Ref( HIGH , +1 ), 1 ,0 )AND If( HIGH >
(
> HIGH , +2 ), 1 ,0 ))
>
> The formula for Down Fractal is
> If( LOW < Ref( LOW , -1 ), 1 ,0 ) AND If( LOW < Ref( LOW , -2 ), 1
> ,0) AND If( LOW < Ref( LOW , +1 ), 1 ,0 )AND If( LOW < Ref( LOW , +2
> ), 1 ,0 )
>
> Put the formulas in expert with Up arrow and Down arrow in graphics with
> appopriate color
>
> Hope this will be of help
>
> Manoj P Abraham
>
>
> ______________________________________________________
> Get Your Private, Free Email at http://www.hotmail.com
>
|