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Spyros,I was trying to copy your expert and was stumbled
at the highlighted parts, which are not valid. Could you be kind enough to
elucidate. Thanks.
<FONT face="Lucida Sans Unicode" color=#0000ff
size=3>Bijan
Name: UpTrend confirmedGraphic: Thumbs UpColor : Green or Dk
GreenCondition :cond:=Zig(CLOSE ,10 ,% ) > Ref(Zig(CLOSE ,10 ,%
),-1)AND Fml("ZigZag validity") = 1;<FONT
size=4>=>Cross(cond,0.5)Name: DownTrend confirmedGraphic:
Thumbs DownColor : RedCondition :cond:=Zig(CLOSE ,10 ,% ) <
Ref(Zig(CLOSE ,10 ,% ),-1)AND Fml("ZigZag validity") = 1;<FONT
size=4>=>Cross(cond,0.5)-----Original
Message-----From: owner-metastock@xxxxxxxxxxxxx [<A
href="mailto:owner-metastock@xxxxxxxxxxxxx">mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of SRSent: Saturday, March 02, 2002 01:01 AMTo:
metastock@xxxxxxxxxxxxxxxxxxSubject: ZigZag validity
ExpertSince there are many users who showed interest in my
indicator, I providehere the code for a complete Expert. It uses Trends,
Highlights, Symbols,Alerts and a simple
Commentary.______________________________________________________New
Expert for ZigZag validityName: ZigZag
validity------------------------------------------------------TrendsBullish:Zig(CLOSE
,10 ,% ) > Ref(Zig(CLOSE ,10 ,% ),-1)AND Fml("ZigZag validity") =
1Bearish:Zig(CLOSE ,10 ,% ) < Ref(Zig(CLOSE ,10 ,% ),-1)AND
Fml("ZigZag validity") =
1------------------------------------------------------Highlights
(the code is the same as above)Name: UpTrend confirmedColor: Green
or Dk GreenCondition:Zig(CLOSE ,10 ,% ) > Ref(Zig(CLOSE ,10 ,%
),-1)AND Fml("ZigZag validity") = 1Name: DownTrend
confirmedColor: RedCondition:Zig(CLOSE ,10 ,% ) < Ref(Zig(CLOSE
,10 ,% ),-1)AND Fml("ZigZag validity") =
1------------------------------------------------------Symbols
(there are 3 symbols)Name: Zig invalidGraphic: ? (question
mark)Color : BlackCondition :Cross(0.5, Fml("ZigZag
validity"))Name: UpTrend confirmedGraphic: Thumbs UpColor :
Green or Dk GreenCondition :cond:=Zig(CLOSE ,10 ,% ) >
Ref(Zig(CLOSE ,10 ,% ),-1)AND Fml("ZigZag validity") =
1;Cross(cond,0.5)Name: DownTrend confirmedGraphic: Thumbs
DownColor : RedCondition :cond:=Zig(CLOSE ,10 ,% ) <
Ref(Zig(CLOSE ,10 ,% ),-1)AND Fml("ZigZag validity") =
1;Cross(cond,0.5)------------------------------------------------------Alerts
(there are 3 alerts using the same code as the Symbols section)Name: Zig
invalidAlert : Zig is invalid hereCondition:Cross(0.5,Fml("ZigZag
validity"))Name: UpTrend confirmedAlert : Up trend
confirmedCondition :cond:=Zig(CLOSE ,10 ,% ) > Ref(Zig(CLOSE ,10
,% ),-1)AND Fml("ZigZag validity") = 1;Cross(cond,0.5)Name:
DownTrend confirmedAlert : Down trend confirmedCondition
:cond:=Zig(CLOSE ,10 ,% ) < Ref(Zig(CLOSE ,10 ,% ),-1)AND
Fml("ZigZag validity") =
1;Cross(cond,0.5)------------------------------------------------------Commentary<expert>by
Spyros RaftopoulosReview of <name>
(<symbol>)<date>------------------------------------------Zig(Close,10,%
): writeval(Zig(Close,10,% ),8.2)writeif(Zig(Close,10,%
)>ref(Zig(Close,10,% ),-1), "The ZigZag indicator isascending which means
that prices are moving up.", "Prices move downward asshown by the descending
ZigZag indicator. ")writeif(fml("ZigZag validity")=1, "This trend is
confirmed by the ZigZagvalidity indicator. Zig Zag has been valid
forwriteval(barssince(cross(fml("ZigZag validity"),0.5)), 3.0)
bars.","However, the trend is not confirmed yet. Zig Zag has been invalid
forwriteval(barssince(cross(0.5,fml("ZigZag validity"))), 3.0)
bars.")___________________________________________The above
tools are very similar: Alerts coincide with Symbols andHighlights coincide
with Trends.Therefore you may not need all of them at the same
time.Remember that, at any time, you can activate or deactivate any of the
aboveby clicking on the corresponding check box(es).I hope this
helps. In any case please drop me a note.If there are any more problems also
let me
know.CheersSpyros____________________________________________
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