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Re: A N T I Indicator



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<DIV><FONT size=2>Here below is the 1st Part translated, the {ANTI TRIGGER} 
section. Copy &amp; Paste it over to NotePad first,</FONT></DIV>
<DIV><FONT size=2>as </FONT><FONT size=2>your original email originaly started 
out&nbsp;in the HTML-language and as I have&nbsp;also hitted the 
Reply-button,</FONT></DIV>
<DIV><FONT size=2>eg meaning that this&nbsp;</FONT><FONT size=2>reply too 
is&nbsp;in the HTM-Lango.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Attached a view of the A N T I (self-made) 
indicator,&nbsp;this as it was&nbsp;presented&nbsp;in 
yours/his/hers(Linda's)</FONT></DIV>
<DIV><FONT size=2>mailcode </FONT><FONT size=2>as&nbsp;a trading system only, 
with trigger-alerts.</FONT></DIV>
<DIV><FONT size=2>From all this formula printing below a kick-start is now also 
given </FONT><FONT size=2>to enable you to write the</FONT></DIV>
<DIV><FONT size=2><FONT size=2>Expert Advisor or (as it can also be seen as 
the&nbsp;set-up) for the System Tester, eg compare notes 
with</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>the original and use </FONT></FONT><FONT 
size=2><FONT size=2>the MS652-Manual and build-in&nbsp;Help for further 
assistance for building Experts or</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>SysTests, or click on an Expert or SysTest to see 
</FONT></FONT><FONT size=2><FONT size=2>(it as) an example.</FONT></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Note that I have used an "inverse" display, to let the A N T I 
-indicator match the chart (eg actualy</FONT></DIV>
<DIV><FONT size=2>the A N T I </FONT><FONT size=2>-indicator itself 
should&nbsp;produce the trade's ENTRY and EXIT levels, eg the BUY/SELL 
and</FONT></DIV>
<DIV><FONT size=2>STOP-LOSS trigger levels. As these triggers/levels can only be 
calculated and esthablished, when the</FONT></DIV>
<DIV><FONT size=2>A N T I -indicator itselve is </FONT><FONT size=2>in 
</FONT><FONT size=2>one </FONT><FONT size=2>of the(se) BUY/SELL/DO NOTHING UNTIL 
STOP-LOSS IS HIT -modes,</FONT></DIV>
<DIV><FONT size=2>eg the ENTRY/EXIT , then its&nbsp;modes need to be calculated 
as well, resulting (from the original formula</FONT></DIV>
<DIV><FONT size=2>given) </FONT><FONT size=2>in the below (and on chart) 
printed/plotted indicator. Since the original 
formula's&nbsp;calculation</FONT></DIV>
<DIV><FONT size=2>outcomes are negative when BULLISH and v.v. possitive when 
BEARISH, then had to apply the</FONT></DIV>
<DIV><FONT size=2>"Invert Scale"-option given when right-clicking the Y-axis(eg 
to show a possitive BULL or negative BEAR</FONT></DIV>
<DIV><FONT size=2>oscilator).</FONT></DIV>
<DIV><FONT size=2>The on chart printed Quick-indicator stems&nbsp;also from the 
LBR's Street Smarts-era.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>The Attached GIF is of the DJ EURO STOXX 50, eg Eurolands' Dow 
Jones Industrials Ave" equivelant,</FONT></DIV>
<DIV><FONT size=2>shows a very nice up-future ahead of us, if Support will hold 
(else falling back into the top Horizontal</FONT></DIV>
<DIV><FONT size=2>Channel will show a great sign of weakness, and for which a 
further decline can then be expected.</FONT></DIV>
<DIV><FONT size=2>However, this&nbsp;is by far not certain to happen, eg that 
Support will get downbroken, and as such will</FONT></DIV>
<DIV><FONT size=2>rely on&nbsp;the Aug-Oct1999 </FONT><FONT size=2>UpTrend's 
</FONT><FONT size=2>range/Target as is calculated on the chart (Target range 
4200-4400</FONT></DIV>
<DIV><FONT size=2>with an ultimate </FONT><FONT size=2>fluke&nbsp;of 5000, eg as 
this can be set when </FONT><FONT size=2>collapsing the H+Ss to the upper side 
of</FONT></DIV>
<DIV><FONT size=2>the&nbsp;presently&nbsp;supportive </FONT><FONT 
size=2>(magenta) neckline, which&nbsp;neckline currently also coincides with the 
former</FONT></DIV>
<DIV><FONT size=2>Horizontal Channel's </FONT><FONT size=2>Resistance line, 
which too has now become Support.</FONT></DIV>
<DIV><FONT size=2><BR></FONT>Regards,<BR>Ton Maas<BR><A 
href="mailto:ms-irb@xxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxx</A><BR>Dismiss the 
".nospam" bit (including the dot) when replying.</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT 
size=2>=========================================================<BR>ANTI TRIGGER 
- L.B. Raschke&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (For MetaStock 
v6.5)<BR>---------------------------------------------------------<BR>Original 
formula based on L.B. Raschke's "Street Smarts"<BR>book's Quick Indicator 
Articles. Re-written by Ton 
Maas.<BR>=========================================================<BR>{FUNCTIONS-IND-REFERENCE-INDEX:<BR>&nbsp;FF=FASTLINE,SS=SLOWLINE,SETBARS=3DAYMOVAVE,<BR>&nbsp;ENTRYADD=+1,EXITADD=+1}<BR>{FUNCTIONS-VAR-REFERENCE-INDEX:<BR>&nbsp;BBUY=(VAR),SSELL(VAR),CBUY(VAR),CSELL(VAR),FF(VAR),SS(VAR),<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
LXSTOP(VAR),SXSTOP(99999),MP(VAR)}<BR>{FUNCTIONS-MISC-REFERENCE-INDEX:<BR>&nbsp;AT0BBUY&nbsp; 
=BULLLONG<BR>&nbsp;AT0SSELL =BEARSHORT<BR>&nbsp;AT0CSELL 
=CLOSEBEARSHORT<BR>&nbsp;AT0CBUY&nbsp; =CLOSEBULLLONG 
<BR>&nbsp;AT0MP&nbsp;&nbsp;&nbsp; =MARKETPOSITION (-1=LONG,+1 
SHORT)<BR>&nbsp;AT0LXSTOP=CLOSELONGEXITLEVEL(STOPLOSS)<BR>&nbsp;AT0SXSTOP=CLOSESHORTEXITLEVEL(STOPLOSS)}</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>{INDICATOR NAME : ANTI TRIGGER}</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>{THE FORMULA (+REQUIRED FUNCTIONS) FOR THE ANTI TRIGGER 
INDICATOR}<BR>AT0SETBARS:=3;<BR>AT0FF:=Stoch(7,AT0SETBARS);<BR>AT0SS:=Mov(Stoch(7,AT0SETBARS),10,E);<BR>AT0ENTRYADD:=+1;<BR>AT0EXITADD:=+1;<BR>AT0CSELL:={use 
in expadv or systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(AT0FF&gt;Ref(AT0FF,-1) AND AT0SS&lt;Ref(AT0SS,-1),C+1,0);<BR>AT0CBUY:={use in 
expadv or systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(AT0FF&lt;Ref(AT0FF,-1) AND AT0SS&gt;Ref(AT0SS,-1),C+1,0);<BR>AT0BBUY:={use in 
expadv or systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(AT0CBUY&gt;AT0SETBARS,H+AT0ENTRYADD,99999);<BR>AT0SSELL:={use in expadv or 
systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(AT0CSELL&gt;AT0SETBARS,L-AT0ENTRYADD,0);<BR>AT0MP:={use in expadv or 
systest}If(AT0BBUY&lt;99999, -1,If(AT0SSELL&gt;0,1,0));<BR>{AT0LXSTOP:=}{use in 
expadv or systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
{IF(REF(AT0MP,-1)&lt;1 OR (REF(AT0BBUY,-1)&lt;99999 
AND<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
H&gt;REF(AT0BBUY,-1)), L-AT0EXITADD,0);}<BR>{AT0SXSTOP:=}{use in expadv or 
systest}{for RT del the 
REF-function}<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
{IF(REF(AT0MP,-1)&gt;-1 OR (REF(AT0SSELL,-1)&gt;0 
AND<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
L&lt;REF(AT0SSELL,-1)), 
H+AT0EXITADD,0);}<BR>AT0MP<BR>============================================================</FONT></DIV></BODY></HTML>
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