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RE: Three line break



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WOW, thanks. But is this also for the EOD version, because I have no
\Metastock\external dir

Thanks
Mickey

PS are you planning on creating other things, because I've been looking for
a backrest on multiple securities. Which I do now with the explorer but it
is VERY primitive.  A add in like this would give MS so much power, if it
somewhat advanced. like being enter and exit through stop orders and include
commissions and resister all trades from the date you want, and give enough
statistics of course.

> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of wilty van rees
> Sent: woensdag 28 juni 2000 23:56
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Three line break
>
>
> Matt,
>
> I send you the DLL via the list. There were some other
> requests for it and
> the file is just about 40kb. Sorry for the confusion, it's
> not DDL but DLL.
> The  DLL file, named _wvrLnBrk.DLL, is enclosed as attachment.
>
> For the others that want to use it, a reminder of the System
> Requirements:
> - Metastock 7.0 or later
> - Win95, Win98, WinNT 4.0 or greater
> - You don't need to have the MSDK.
>
> Installation:
> - Copy/Move _wvrLnBrk.DLL to the 'External Function DLLs'
> folder located
> below the folder defined for Custom Indicators, System Test and
> Explorations. If the 'External Function DLLs' folder does not
> already exist,
> you must first create it. (The default location is  'c:\Program
> Files\Equis\Metastock\External Function DLLs').
> - The next time you start Metastock, the function in the DDL
> can be used.
>
> The DDL contains the LineBreak function. You can use it the
> same way you use
> the build-in Metastock functions. It's just one of the
> available functions.
> Take a look in the 'Paste Functions Dialog box' (see
> Metastock manual page
> 237 or 303):
> In the left pane (Function Category) has been added: _wvrLnBrk.
> When you click on it, you see in the right pane (Paste
> Functions): Line
> Break Method.
> Below the panes you see the syntax.
>
> To describe the function in the Metastock way:
>
> Line Break Method
> SYNTAX
> ExtFml("_wvrLnBrk.LineBreak", Number of lines to break for
> trend reversal)
> FUNCTION
> Calculates the trend and the breakpoints via the LineBreak method.
> EXAMPLES ExtFml("_wvrLnBrk.LineBreak", 3) returns the trend
> and breakpoint s
> calculated with the 3-LineBreak method for the base security.
> Result returned:
> >0 uptrend; value is the value of the breakpoint
> <0 downtrend; value is the value of the breakpoint
> 0 neutral. Value 0 (neutral) is only returned for the first date.
> E.g in the system tester:
>    Enter Long: ExtFml("_wvrLnBrk.LineBreak", 3) > 0
> Show the breakpoints with an indicator:
>    breakpoint:= ExtFml("_wvrLnBrk.LineBreak", 2);
>   if(breakpoint<>0,abs(breakpoint),what you want to display else)
>
> Restrictions:
> - Number of lines to break for trend reversal: >= 1, <= 20
> (1-LineBreak up
> to 20-LineBreak)
>
> Reamarks:
> - I programmed it according to my interpretation of the
> LineBreak method
> described in Steve Nison's: Beyond Candlesticks. I can't
> guarantee that my
> interpretation is a correct one.
> - It only works on the base security. Not on any P data array
> identifier.
> - Currently I'm only working with end of day data. I don't
> know what happens
> if you apply it on realtime data.
>
> Take in consideration:
> - I programmed it just a few weeks ago. I can't guarantee
> that it's free of
> errors.
> - Metastock 7 is not the most robust software.
> - The MSX DLL functionality has never before been corporated
> into Metastock,
> so it should be amazing when it will work without any
> problems from the
> beginning.
> - To be on the safe side: Don't test it the first time while
> you have other
> critical applications running.
> - I don't want to discourage you, but take care.
>
>
> If you have any remarks, let me know.
>
> Good luck,
>
> Wilty.
>
>
>
>
>
>
>
> ----- Original Message -----
> From: Matthew R. Kratter <mkratter@xxxxxxxxxxxxx>
> To: <wvanrees@xxxxxxxxxxxxxx>
> Sent: Tuesday, June 27, 2000 4:32 AM
> Subject: Three line break
>
>
> > Wilty,
> >
> > I would be delighted if you could send me your three-line break DDL
> > (though I'm embarrassed to say that I don't know what the
> acronym stands
> > for!  What is a DDL, anyway?).  Will this DDL allow me to
> do a system
> > test using 3 line break (i.e. test for profit/loss over a period of
> > time)?  I do have Metastock 7.0 and Win98, so it sounds
> like it would
> > work on my machine.
> >
> > Thanks in advance!
> >
> > Matt
> > mkratter@xxxxxxxxxxxxx
> >
> >
>