RE: Support & Resistance?

["Gerald Novak" <gnovak@xxxxxxxxx>]

Maybe a dumb question Frans, but when I place the formula for R1 -
If(Ref(HIGH,-4)=HHV(HIGH,9),Ref(HIGH,-4),PREVIOUS)
in an indicator, I get a continuous line.  Did you manually alter the line
at all?


I tried putting the resistance formulas in an exploration to look for
crossings but it was tremendously slow.

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
Sent: Tuesday, November 27, 2001 12:46 AM
To: metastock@xxxxxxxxxxxxx
Subject: RE: Support & Resistance?



Gerald,John,Lionel et all.

See attachement.
 Blue= support
 White is= resistance

This is for the S1 and R1 formula's.

I use MS EOD 7.02 and just copied and pasted the formula's from the
Equis-site.

I don't know how to put these into the Explorer but there must be a (easy)
way........

Regards,
Frans

At 10:09 AM 11/25/2001 -0600, you wrote:
>Frans -
>Thanks for the help.
>Am I to assume that I would make an indicator for each: S1, S2,
>...WSO,...R1...etc and then reference those in explorer in a filter (as in
>the Enter Long)?
>
>
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
>Sent: Saturday, November 24, 2001 2:49 PM
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Support & Resistance?
>
>
>
>Gerald et all,
>
>My suggestion:
>
>Go here: http://www.equis.com/customer/support/formulas/cf00090.html
>
>Put those in the explorer and off you go.
>
>Enjoy your weekend.
>Frans
>
>At 04:42 PM 11/23/2001 -0600, you wrote:
>>Gerald:
>>You have a valid point. You have to decide how far back you want to look.
>>Lionel Issen
>>lissen@xxxxxxxxxxxxxx
>>----- Original Message -----
>>From: "Gerald Novak" <gnovak@xxxxxxxxx>
>>To: <metastock@xxxxxxxxxxxxx>
>>Sent: Friday, November 23, 2001 2:46 PM
>>Subject: RE: Support & Resistance?
>>
>>
>>> Price Channel is OK, but it doesn't have any "smarts" behind it. You
>can't
>>> really use LowestSince because you don't know how far back to go to get
>>the
>>> lowest, or, in the case of upper, the peaks...
>>>
>>>
>>> -----Original Message-----
>>> From: owner-metastock@xxxxxxxxxxxxx
>>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
>>> Sent: Friday, November 23, 2001 1:10 PM
>>> To: metastock@xxxxxxxxxxxxx
>>> Subject: Re: Support & Resistance?
>>>
>>>
>>> Metastock has a price channel indicator. This might be of help
>>> Lionel Issen
>>> lissen@xxxxxxxxxxxxxx
>>> ----- Original Message -----
>>> From: "Gerald Novak" <gnovak@xxxxxxxxx>
>>> To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
>>> Sent: Friday, November 23, 2001 11:24 AM
>>> Subject: Support & Resistance?
>>>
>>>
>>> > Does anyone use Metastock Explorations to determine
Support/Resistance?
>>> > I know that I can visually determine a line over the past X months,
but
>>> I'm
>>> > wondering if there is an approximate formula that can be applied to an
>>> > exploration to determine those stocks hitting up against support  or
>>those
>>> > stocks hitting up against resistance.
>>> >
>>> > Jerry
>>> >
>>>
>>
>>
>
>