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<DIV><FONT color=#000000 size=2>Testing</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Thu Jan 14 06:07:51 1999
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Date: Wed, 13 Jan 1999 18:46:48 -0500
From: The Lurker <rcbarlow@xxxxxxx>
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To: metastock@xxxxxxxxxxxxx
Subject: Re: Zero Balance
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Guy Tann wrote:
>
> Randy
>
> You want to stay away from that Zig Zag indicator. It changes daily. The
> value for today's date may or may not be the same as today's value tomorrow.
>
> I developed a dyn-o-mite system several years ago before my dad looked at it
> and started laughing his head off. That system was 100% accurate, but
> there's nothing like 20-20 hindsight.
>
> Guy
>
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of The Lurker
> > Sent: Saturday, January 09, 1999 6:27 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Zero Balance
> >
> >
> > Adam Hefner wrote:
> > >
> > > Hello Randy,
> > > I'm not sure what the problem is, but I suspect it has to do
> > > with the the ZigZag function. The default value is 5%, but
> > > I'm not exactly sure what the "5%" is based on (does some-
> > > one else know?), all I know is that it is based on the price
> > > in some way. Below you will find an updated version that
> > > allows the "%" amount to be chosen. Have you found any
> > > benefit from this indicator? I personally found it to be a
> > > little unreliable, but perhaps someone has found useful.
> > >________________________________CUT________________________________
> > Adam Hefner
> > > >Adam,
> > > >I am not at all familiar with Metastock programming although I use
> > > >Metastock 6.5(6.52), but my question is: Why does the above code not
> > > >work on Financials such as Jap Yen, Swiss Franc, Br Pound, etc?
> > > >Is there another way to code this to work on Currencies?
> > > > Thanks
> > > > Randy
> > Adam & all,
> > I am trying to combine this with a couple of indicators for testing
> > buy/sell signals but it will not work on currencies. Does anyone else
> > out there know if the Zig function is what is keeping it from working
> > on Currencies?
> > thanks,
> > Randy
> >
Guy, I'm glad I got your message today. I was going to start trading
it on the open tommorrow morning. Guess I'll regroup.
Thanks,
Randy
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