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Aadaam:
Thanks. Please do post the code.
Lionel
-----Original Message-----
From: Adam Hefner <VonHef@xxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Thursday, January 14, 1999 5:18 PM
Subject: Re: Zero Balance
>Lionel,
> I first read of "Dunnigan's Short-Term Trend" method in the Futures
>Magazine article "Dunnigan's Way". Basically he used 1 or more
>up bars to determine upswings, and 1 or more down bars to
>determine downswings. He then used the highest High of an upswing
>and called it a top, and the opposite for bottoms. The short term trend
>changed from up to down when the low of the highest high was broken
>by a down bar......... (a down bar is a bar that has both a lower high and
>a lower low than the previous day). The article is more about pattern
>analysis, but I thought the trend definition was interesting and have been
>playing around with it. If you want the code I'll post it.
>
> Best wishes,
> Adam Hefner.
>VonHef@xxxxxxxxxxxxx
>VonHef@xxxxxxxxxx
>
>---------------------------------------
>-----Original Message-----
>From: Lionel and Gail Issen <lissen@xxxxxxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Thursday, January 14, 1999 11:52 AM
>Subject: Re: Zero Balance
>
>
>>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
>>>>>
>>>>
>>>>
>>>
>>>
>>>
>>>
>>
>>
>
>
>
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