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Hi Adam,
I'm slow on the uptake here, looking back at all the messages on this
thread. I live in Pasadena, CA. I haven't used the Expert Advisor much
yet. a) These color variations would be entered where, in the "highlights"
tab in Expert? b) the little blue dotted lines look like maybe they are due
to some code, rather than just dragged in line studies. c) this question re
the HiLo came from reading an articl by Robert Krausz in the April issue of
Active Trader, re multiple time frame analysis. 1st he had a plot of a
"balance step" to show trend support/resistance, which was a 5-week (or
5-day or 5-bar) MA of weekly closes, which looked like a horizontal dotted
line, in a step at that weekly price average, then stepping up or down from
there, so that if the daily balance step & the prices crossed above (or
below), it was a buy (or sell) signal, etc.; I can't figure out how to do
that. 2nd he sets up an Ergodic Candlestick Oscillator as a histogram:
ECO= [ema1{ema2(C-O)}/ema1{ema2(H-L)}]*100 ema1 longer-term, ie., 26 days,
ema2 shorter term, 5 days. I'm not sure where this would go, I guess into
indicator builder, but again, exactly what the syntax would be I'm not sure.
His graph shows it as a confirming indicator, but it really doesn't seem to
add that much to the analysis. 3rdly he introduces a "HiLo Activator" on a
21 day ma of highs or lows, which sort of looks like an SAR type dotted line
indicator, to serve as a stop indicator; if prices close above, it is a
moving average of the lows, but if the close goes below that HiLo Activator
line, it flips to being a ma of the highs, backstopping a downtrend. And
the line above was green & below was red. Again, perhaps redundant to the
step indicator, because if it crossed over the HiLo, it was already also
crossing the step. So, although I think the HiLo color thing is cool
looking, I guess I'm most interested in how to set up the step MA; and in
getting a better handle on how to use the Expert. By the way, the charts in
the article were apparently from the Fibonacci Trader.
dr
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Adam Hefner
Sent: Thursday, April 27, 2000 8:12 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: (Market) Jul Corn
Hello Daryl Roberts,
If you are asking how to change an indicators color according to a
predetermined condition...this is not yet possible in MetaStock. If
you are asking how to change the price bar...this can be done using
the "Expert Advisor". If you will notice the attached chart, I have
my bars 4 different colors: red is a down day and green an up.
If it is dark red or green it is in congestion, if it is bright the market
is in a trend. Hope that helps. By the way....are you the Daryl Roberts
who lives in Oklahoma?
Adam Hefner
----- Original Message -----
From: "daryl roberts" <darylroberts@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, April 27, 2000 5:39 PM
Subject: RE: (Market) Jul Corn
> How would you get the indicator to change colors when it goes either above
> or below?
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of j seed
> Sent: Thursday, April 20, 2000 10:35 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: (Market) Jul Corn
>
>
> Adam,
> Here's the Gann HiLo:
> {name: GANN-HiLo}
>
> HLd:=If(CLOSE>Ref(Mov(H,3,S),-1),
> {then}1,
> {else}If(CLOSE<Ref(Mov(L,3,S),-1),
> {then}-1,
> {else}0));
> HLv:=ValueWhen(1,HLd<>0,HLd);
> HiLo:=If(HLv=-1,
> {then}Mov(H,3,S),
> {else}Mov(L,3,S));
> HiLo;
>
> I'm not sure if I got it off of the Guppy site or not. What indicator is
> generating the gold dots on your chart? Would love to hear more about your
> Drummond work.
> J.
>
>
> >From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
> >Reply-To: metastock@xxxxxxxxxxxxx
> >To: <metastock@xxxxxxxxxxxxx>
> >Subject: Re: (Market) Jul Corn
> >Date: Wed, 19 Apr 2000 23:28:40 -0500
> >
> >J,
> > I am using some indicators from a trading method Called "Point & Line"
by
> >Charles Drummond. I recently created these indicators into MetaStock
> >code and Expert Advisor.... but the code probably would benefit little
> >with out the understanding of its usage. I have attached a weekly chart
> >with some of the indicators shown. I have never used Guppy's Zero Lag MA,
> >did you find the Gann HiLo from that site? Seems I might have seen that
one
> >before <g>.
>
> ________________________________________________________________________
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>
>
>
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