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RE: Parabolic SAR - Wilder's Original Definition



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The coding would have to be in a *.dll. Metastock has done this with a few
indicators, but they haven't done much more.

Lionel

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Roy Larsen
Sent: Tuesday, May 07, 2002 1:08 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Parabolic SAR - Wilder's Original Definition


David

> Roy, you wrote "I've had a brief look at it and I can see why you think it
> may be un-codable." Does the fact that MS have coded the indicator not
> suggest that an exploration, system test, etc are codable?
> This will be my first attempt at writing an exploration. Any guidance
would
> be greatly appreciated. I would think an exploration needs to first
confirm
> that the stock is trending and then signal (for long) stocks that have now
> changed from SAR down to SAR up.

As you say, there is no problem writing a system or an exploration for the
SAR. The problem that I have, and I think Neo also has, is that of being
able to build the SAR from scratch so that the code is accessible. This
would allow us to tinker with the rules in a way that is not possible with
the canned SAR. The fact that Equis have coded an SAR for the MS formula
language suggests that it can be done, but I rather suspect that the
programmers at Equis were not restricted to using MFL for their creation.

Roy