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Hey me,
Try just using PEAK(1,HIGH,1)<>Ref(PEAK(1,HIGH,1),-1) in an expert. Go to
the Symbols tab, create a new one, put that expression above=1 as your
condition, and select your graphic/placement/color/etc. from the graphic
tab.
The function PEAK() will return the value that you are testing...the high in
the formula above. So when you put PEAK(1,HIGH,1)>50 as a condition, it
will be true (or =1) for every bar on the chart which follows a close higher
than 50.
The best way to get a feel for how an indicator works is by creating a new
custom indicator which plots that function and put it up on a chart. Then
you can mess around with your values like 1% or 5% in the formula to see
what it does.
Dave Nadeau
Fort Collins, CO
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of me
> Sent: Sunday, March 11, 2001 10:29 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Newbie question
>
>
> Hello.
> I would like to place a symbol at every peak.
> I used peakvalue [also tried peakbar] function in the
> expert dialog and typed IF PEAK(1,CLOSE,5) > 50(or some
> other value) for the condition.
> But I ended up having symbols all over the place.
>
> All I need is to place symbol at the peak. Like putting
> a flag at the peak of the moutain. Am sure this is fairly
> easy in metastock.
>
> Anyone please?
>
> me
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