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Ken:
Forward it to me too please.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: Robert Lambert <lambertb1@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, March 08, 2000 6:08 PM
Subject: Re: Coding Question
> Yes, Ken, I'd like to look at the code, if you
> wouldn't
> mind forwarding what you have (as long as it is not
> proprietary or infringes on Equis' copyrights).
>
> I'm essentially looking to create Experts and
> Explorations, but System tests would be fine as well.
>
> My problem is, I know how to establish where 2
> significant peaks or troughs are, but I do not know
> how
> to create and access the data of the possible line
> connecting them.
>
> Let's say I created an Exploration that identified a 3
> peak pattern, which constituted a textbook H&S
> pattern-the ability to connect a line between the last
> two significant troughs of the pattern, and know when
> the close violated the line connecting the
> troughs,would give MS at least a crude pattern
> recognition ability.
>
> Thanks for you willingness to share what you have.
>
> --- iamken <iamken@xxxxxxxxxxxxxxx> wrote:
> > Are you looking to do explorations or do you want to
> > do system tests.
> > Equis sells a floppy that among other things has
> > some indicators that
> > can plot the most recent trendline and also explore
> > for trendline
> > breaks. The trendline is based on the Peak and
> > Trough functions. I
> > have some indicators that plot trendlines on all
> > loaded data; actually
> > they only plot the part of the trendline that
> > extends beyond each
> > "Peak1". They use either Peak/Trough or Zig Zag.
> > Using Peak/Trough/ZZ
> > doesn't always plot accurate trendlines but for the
> > most part it works
> > ok I guess. I have a test that will mark breakouts
> > and the test has a
> > "lock in" provision that I *believe* will prevent an
> > entry until the
> > specific peak or trough (that the trendline is based
> > on) is
> > established. But I make no guarantees that the test
> > or code is valid.
> > The "problem" with using the indicator by itself
> > (not in conjunction
> > with the test) is that you need to be aware of when
> > a peak or trough is
> > locked in (or not locked in) so as not to be fooled
> > by a trendline break
> > that occurs before the peak or trough is
> > established. I haven't looked
> > at it in a while so I am just going by what I seem
> > to recall about it.
> > If you want it let me know, but use at your own
> > risk. Equis' use of
> > trendlines on that floppy don't present a problem
> > with regards to when a
> > peak/trough is established.
> >
> > Ken
> >
> >
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