[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Variables



PureBytes Links

Trading Reference Links

Guy:

You cannot do in Metastock what youcan easily do in TAS.

Lionel Issen
----- Original Message -----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Sent: Monday, June 28, 1999 5:17 PM
Subject: Variables


> To All:
>
> OK, I dragged out the MetaStock manual and have read all about variables.
> On the surface, I question whether or not I'll be able to accomplish in
> MetaStock what I do in TAS.
>
> Here's what I need to do:
>
> 1- I have 4 intermediate indicators which I use to calculate my short
term
> and long term momentums.  In order to work within MS for DOS, I developed
an
> approximation for this calculation that works pretty good, however it
> doesn't replace the original calculations.  For these original
calculations,
> I need to use TAS.
> 2- What I need to do is save the results from the previous day's
calculation
> for these 4 indicators.  I don't believe that the PREV function will
work,
> in so far as my calculations would be circular in nature, without these 4
> variables.
> 3- Is there any way in MetaStock to set up a simple set of buckets that I
> could use in my calculations?  I need a place to store 4 intermediate
totals
> and be able to use them the next day.  In TAS, it effectively builds
arrays
> of each variable and you can reference any one of them, any number of
days
> back.
>
> An example of what I'm talking about is:
>
> Today's U1 := IF A > B
>              then
>      (C * D) + Prev U1
>              ELSE
>                     (C * D)  + E
>              ENDIF
>
> Since U1 Prev is dependent upon the previous day's values of A and B,
unless
> MS provides a bucket somewhere to hold the value of the previous day's
U1,
> the system will have to go into a loop in order to calculate today's U1,
> thereby recalculating U1 to the nth each day.  I hope this makes sense.
>
> Correct me if I'm wrong, but I didn't see mention of independent
variables
> being available.  All variable references I saw, referred to variables
that
> were calculated and used on the same day.  Granted, since I don't know
how
> MS will perform my calculations, I have to assume that this feature isn't
> there.
>
> If anybody could point to a place in the MS manual, I'd appreciate it.
>
> Thanks
>
>
> Guy Tann
> grt@xxxxxxxxxxxx
>
>