|
PureBytes Links
Trading Reference Links
|
Ken:
Thanks for your explanation.
Can you give me the name of the author of these functions, his web site,
e-mail address, snail mail address, and any sources for further
information(TASC, other journals, books)?
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: "PD Manager" <pdmanager@xxxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, September 28, 2000 6:31 PM
Subject: RE: reaction and reaction with volume [SUP2000092400000036]
> Lionel:
>
> I can help with explanations of the Reaction() function and other
associated
> functions in the formula language.
>
> The functionality exist in the formula language ONLY and are not
implemented
> as standard, built-in indicators. In order to access their capabilities,
> you must write a custom indicator or other formula-based calculation that
> calls the appropriate function. These functions are used mainly for a
type
> of pattern similar to the functions used for candlestick patterns. The
> candlestick pattern functionality can also only be accessed through
formula
> functions and not as standard, built-in indicators.
>
> Specifically, the following functions are related to the Reaction()
> function:
> Reaction()
> ReactionWithVol()
> Rally()
> RallyWithVol()
> Inside()
> Outside()
>
> The user's manual attempts to describe the functionality of these
functions,
> but we recently identified the fact that the user's manual did not
correctly
> define how they work. A correct explanation for these functions follows:
>
> Reaction() : Identifies a "reaction day". A reaction day occurs if the
> current bar's high is less than or equal to the previous rally or reaction
> day's high AND the current bar's low is less than the previous rally or
> reaction day's low.
>
> ReactionWithVol() : Identifies a "reaction with volume day". This occurs
if
> the current bar is identified as a reaction day AND the volume for the
> current bar is greater than the volume for the previous rally or reaction
> day.
>
> Rally() : Identifies a "rally day". A rally day occurs if the current
bar's
> high is greater than the previous rally or reaction day's high AND the
> current bar's low is greater than or equal to the previous rally or
reaction
> day's low.
>
> RallyWithVol() : Identifies a "rally with volume day". This occurs if the
> current bar is identified as a rally day AND the volume for the current
bar
> is greater than the volume for the previous rally or reaction day.
>
> Inside() : Identifies an "inside day". This occurs if the current bar's
> high is less than or equal to the high for the previous rally or reaction
> day AND the current bar's low is greater than or equal to the previous
rally
> or reaction day's low.
>
> Outside() : Identifies an "outside day". This occurs if the current bar's
> high is greater than the high for the previous rally or reaction day AND
the
> current bar's low is less than the previous rally or reaction day's low.
>
> Ken Hunt
> Programming Manager
> Equis International
>
>
> -----Original Message-----
> From: Lionel Issen [mailto:lissen@xxxxxxxxx]
> Sent: Wednesday, September 27, 2000 12:26 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: reaction and reaction with volume [SUP2000092400000036]
>
>
> Ken:
> There seems to be poor communication here. Equis mentions several items in
> the manual and in the on-line help. There does not appear to be any way
to
> access them, and there is no explanation on their use.
>
> I had originally asked about: Reaction() and Reactionwithvol(). This
line
> was removed from my original e-mail. I didn't notice this until I got your
> reply.
>
> I had asked if there were any other items that while mentioned in the
manual
> and the on-line help system, were not otherwise described nor listed in
the
> formula, indicator, nor described in "Interpretation of Indicators and
Line
> Studies", which starts on page 429 .
>
> Georges response also mentioned: Inside(), Outside(), Rally(),
> Rallywithvol(). So there are at least 6 functions that are not described
or
> properly listed. When I asked for information, George claimed
"proprietary
> cant tell you anything". If Equis is claiming "propriety information", why
> mention them at all in the manual and in the on-line help?
>
> 1. How can I access them if they are in the program somewhere?
> 2. What other indicators are mentioned in the manual but aren't in the
> program?
> 3. Do I have a defective copy of V 7.02?
> 4. Who is/are the author(s) of these proprietary features and what is/are
> their web site addresses or snail mail addresses?
>
> Lionel Issen
> lissen@xxxxxxxxx
> ----- Original Message -----
> From: "PD Manager" <pdmanager@xxxxxxxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Wednesday, September 27, 2000 9:59 AM
> Subject: RE: reaction and reaction with volume [SUP2000092400000036]
>
>
> > Lionel:
> >
> > Exactly which two indicators are you asking about?
> >
> > Ken Hunt
> > Programming Manager
> > Equis International
> >
> >
> > -----Original Message-----
> > From: Lionel Issen [mailto:lissen@xxxxxxxxx]
> > Sent: Tuesday, September 26, 2000 8:10 PM
> > To: support@xxxxxxxxx
> > Cc: metastock@xxxxxxxxxxxxx
> > Subject: Re: reaction and reaction with volume [SUP2000092400000036]
> >
> >
> > this is a copy of an exchange I had with tech support.
> >
> > You have not responded to my question. Please reread it. How do I access
> > them? If you don't want the user to know anything about them, why are
they
> > mentioned in the manual and in the on-line help system?
> >
> > It doesn't matter that these are proprietary, they should be in the
> > indicator, systems, and explorations lists. Nor does "proprietary"
> restrict
> > you or anyone else from providing information on their use and
> applicability
> > that came from open sources! Check with your legal department!
> >
> > Who are the authors of these "proprietary" items? What are their web
site
> > addresses?
> >
> > This is one of the most narrow minded (mindless) bureaucratic things
I've
> > heard this year.
> > Lionel Issen
> > lissen@xxxxxxxxx
> > ----- Original Message -----
> > From: <support@xxxxxxxxx>
> > To: <lissen@xxxxxxxxx>
> > Sent: Tuesday, September 26, 2000 8:34 PM
> > Subject: RE: reaction and reaction with volume [SUP2000092400000036]
> >
> >
> > > To enable us to provide more efficient support, use the "Reply"
feature
> in
> > your email program when responding to this email. Please send unrelated
> > issues in a new email.
> > >
> > > Your email was responded to by:
> > > George
> > > Equis Customer Support
> > > http://www.equis.com
> > >
> > >
> > > George's response is below the following line.
> >
> -----------------------------------------------------------------------
> > >
> > > These indicators are part of a proprietary canned trading system that
> > > uses Inside(), Outside(), Rally(), Rallywithvol(), Reaction() and
> > > Reactionwithvol(). That is all we can say about them.
> > >
> > > These formulas are copyrighted by the author so we legally prevented
> > > from providing any information about their use.
> > >
> > > Basically if you own the authors proprietary system you are already
> > > familiar with their use. If you do not own the system these
indicators
> > > will not be of any use to you.
> > >
> > >
> > >
> > >
> > > Sender : lissen@xxxxxxxxx
> > > Tracking Number : SUP200009240000003649529
> > > Pool : Support - General
> > > Sent to : <support@xxxxxxxxx>
> > > Date : 9/24/00 9:35 AM
> > > ---
> > >
> > > Page 262 of the Metastock V7 manual and the online help system list
> > > these 2
> > > built in indicators. They are not described in "Interpretation of
> > > Indicators
> > > and Line Studies", which starts on page 429.
> > >
> > > Neither the indicator list nor the formula builder list show them.
> > >
> > > 1. How can I access them if they are in fact in the program somewhere?
> > > 2. What other indicators are mentioned in the manual but aren't in the
> > > program?
> > > 3. Do I have a defective copy of V 7.02?
> > >
> > >
> > > Lionel Issen
> > > lissen@xxxxxxxxx
> > > "MetaStock, Equis, OptionScope, and QuoteCenter are registered
> trademarks
> > of Equis International. Achelis Binary Wave, The DownLoader, Expert
> > Advisor, The Explorer, Visual Control, and Smart Charts are trademarks
of
> > Equis International."
> > >
> > >
|