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Thank you very much Roy,
Your simple looking formula is actually complicated and another explanation
to PREV function.
yours,
taylan
----- Original Message -----
From: "Roy Larsen" <rlarsen@xxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, March 19, 2002 4:07 AM
Subject: CLOSE when Volume Limit Reached
| Taylan
|
| > about a week ago I sent following mail but I couldn't get any answer if
| any one of can help me I'll be glad.
| >
| > I wanted to create an indicator ( actually i want to redraw the chart )
| which will show the closing values, only when cumulative volume
| > reaches to certain value. ( each time cum(V) reaches to a value it will
be
| reset ) I'd tried by using PREV function but I couldn't manage.
|
| This might get you started. Set 'limit' to whatever threshold you want and
| each time the limit value is reached 'total' will reset to zero. The last
| line just gives the CLOSE for the first bar or when 'total' is reset to
| zero. Really weird how PREV won't seem to work with Cum().
|
| limit:=10000000;
| total:=Add(V,PREV) - If((V+PREV)>=limit,V+PREV,0);
| ValueWhen(1,Cum(1)=1 OR total=0,CLOSE);
|
| Roy
|
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