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Re: MetaStock Formula



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Steve,

I understand what you are saying, but I couldn't duplicate
your results.  It didn't generate a -1,0 but generated a
+1, 0.

See attached gifs for set up of an exploration and results.

Any explaination?

John

----- Original Message -----
From: "Steve Brann" <steveb@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, November 12, 2000 10:38 AM
Subject: RE: MetaStock Formula


> If the most recent closing price is above the penultimate closing price
then
> your equation generates a zero, otherwise it generates a -1.
>
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of David Riese
> > Sent: 11 November 2000 23:16
> > To: metastock@xxxxxxxxxxxxx
> > Subject: MetaStock Formula
> >
> >
> > Hi:
> >
> > Can anyone please tell me that the following formula
> > means in English?
> >
> >                                           "(C>Ref(C,-1)-1)"
> >
> > I am assuming that  the Close is > Close of yesterday, but
> > what is the
> > second "-1"
> >
> > Thanks in advance.
> >
> >
>
>

Attachment: Description: "Exploration_1.gif"

Attachment: Description: "Exploration_2.gif"