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Adam:
How can I plot the dots on a chart?
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, June 19, 2001 8:01 AM
Subject: Re: PLdot
> The PLdot is one of the many tools that Charles Drummond (Drummond
> Geometry) teaches. It is beyond the scope of my time on this forum to
> properly
> explain its usage. I have attached a MetaStock chart showing how the PLdot
> can
> be used to determine if a market is trending or in congestion....but it
has
> other uses
> also.
> Adam Hefner
>
>
>
> ----- Original Message -----
> From: "Dan" <dcash@xxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Monday, June 18, 2001 11:38 PM
> Subject: Re: PLdot
>
>
> > What do you look for with it?
> >
> > Dan
> >
> > Adam Hefner wrote:
> >
> > > The PLdot is a 3 bar average of what MetaStock calls the "Typical
> Price".
> > > The Typical price is simply the days (High+Low+Close) /3,
> > > So it could be written As Follows
> > >
> > > Sum(Ref(Typical(),-1),3),3)
> > > Do I use it? Yes.
> > >
> > > Adam Hefner
> > >
> > > ----- Original Message -----
> > > From: "Hengy" <hengy@xxxxxxxxxxxxxxxx>
> > > To: <metastock@xxxxxxxxxxxxx>
> > > Sent: Monday, June 18, 2001 8:49 PM
> > > Subject: PLdot
> > >
> > > > Has anyone heard of the PLdot? It is the average of the high, low
and
> > > close
> > > > for the past three bars. This is what I've come up with.
> > > >
> > > > ((H+L+C)/3)+((HHVBars(H,2)+
> LLVBars(L,2)+(CLOSE -2))/3)+((HHVBars(H,3)+
> > > > LLVBars(L,3) +(CLOSE,-3))/3)/3. Has anyone tried setting it up or
> using
> > > it?
> > > >
> > > >
> >
> >
>
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