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<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999>All!</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>I just discovered
that the MetaStock for Windows 6.52 built in ATR function does not deliver the
same results as the indicator below which I consider the correct ATR
calculation:</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>ATR custom
indicator:</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>periods:=Input("ATR
Periods?",1,100,10);<BR>TH:=If(Ref(C,-1) >
H,Ref(C,-1),H);<BR>TL:=If(Ref(C,-1) <
L,Ref(C,-1),L);<BR>TR:=TH-TL;<BR>Mov(TR,periods,S)</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>I have verified the
results from the calculation of the above using Excel.</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>Can anybody verify
this result? Has anybody experienced this before?</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999>Thanks,</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN class=620392310-26051999>Yngvi
Hardarson</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=620392310-26051999>hardy@xxxxxxxxxxxxx</SPAN></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed May 26 06:59:07 1999
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</x-html>From ???@??? Wed May 26 06:57:37 1999
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Subject: Re: Speed lines & Trendline moving at random
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Rajat and Adam,
I found a couple of occasions where trend lines change position
when zooming in and out: -
A) Point and figure charts will see lines moving all over the place.
B) And on standard bar or line charts, I have found that after certain
indicators eg relative comparitive strength indicator have been
drawn on a chart.
All trendlines that get added, seem to move with the indicator,
rather than with the underlying price chart, when zooming in and out
Nothing like making a decision to buy on a trendline, zooming in
and finding that your line has moved....
Regards
Benzie
On 25 May 99, at 21:43, Rajat Bose wrote:
> Adam,
>
> Gann Fans would display the same angle only if start and end points of the
> Gann Fan are both within the display (on screen). If you try to magnify,
> they seem to show different angles and different support and resistance
> points.
>
> However, this is not peculiar to Gann Fan lines in MetaStock. I have
> seen this happening on long term trendlines as well. Whenever a
> multiple year long trendline is studied closely by magnifying a certain
> portion of the chart, I have observed this problem.
>
> In fine, Gann Fan lines drawn on our manual charts do not have this
> problem. Basically, the job of Gann Fan line or Gann angles are to show
> price and time relationship.
>
> Thanks.
>
> Regards,
>
> Rajat
>
> --- VonHef <VonHef@xxxxxxxxxxxxx> wrote:
> > Rajat,
> > I have been testing the Gann Fan and Fibo
> > Fan.......
> > The Fibbo Fan seems to be a good compliment to the
> > Speed Resistance lines, but I am not likeing the
> > Gann Fan. Try this.....plot a Gann Fan on a chart,
> > then scale in or out and reaply the Fan on the same
> > point as the previous one. Notice how they will not
> > display the same angles? This is not good!
> >
> > Best wishes,
> > Adam Hefner.
> > VonHef@xxxxxxxxxxxxx
> >
> > ---------------------------------------
> >
> >
> >
> >
>
> _________________________________________________________
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> Get your free @yahoo.com address at http://mail.yahoo.com
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