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Re: Zero Balance



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Adam:

Please keep me posted.

Where can I get more information on the Dunnigan Trend indicator.

Thanks

Lionel
-----Original Message-----
From: Adam Hefner <VonHef@xxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Thursday, January 14, 1999 7:35 AM
Subject: Re: Zero Balance


>Lionel,
>My understanding of the Zig-Zag is that the last leg and possibly the
>last zig/zag (peak/trough) could also be dynamic. Of course there
>comes a point when the last zig/zag (peak/trough) is no longer dynamic,
>but how do you determine when this happens?
> As for the Zero Balance indicator....if there is enough interest in this
>indicator, I  could revise it. I have learned a few tricks since I
>programmed
>it, and have been thinking of replacing the Zig Zag with a modified
>"Dunnigan Trend" method or something similar.
>
>
>  Best wishes,
>      Adam Hefner.
>VonHef@xxxxxxxxxxxxx
>VonHef@xxxxxxxxxx
>
>---------------------------------------
>-----Original Message-----
>From: Lionel and Gail Issen <lissen@xxxxxxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Wednesday, January 13, 1999 11:57 PM
>Subject: Re: Zero Balance
>
>
>>Isnt it just the last leg of the zig-zag indicator that changes daily?
>>
>>Lionel Issen
>>-----Original Message-----
>>From: The Lurker <rcbarlow@xxxxxxx>
>>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>>Date: Wednesday, January 13, 1999 6:00 PM
>>Subject: Re: Zero Balance
>>
>>
>>>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
>>>
>>
>>
>
>
>
>