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Theo,
I entered the codes of the ZigZag Validity indicator from TASC August
2002 and it seems ok.
ZigZag Validity :
perc:=Input("Percent",0.2,100,10);
Z:=Zig(CLOSE,perc,%);
last:=ValueWhen(1,( Z > Ref(Z,-1) AND Ref(Z,-1) < Ref(Z,-2))
OR
(Z < Ref(Z,-1) AND Ref(Z,-1) > Ref(Z,-2)),
Ref(Z,-1));
pc:=(CLOSE-last) * 100 / last;
pc:= Abs(pc);
SD:=(z > Ref(z,-1) AND Ref(z,-1) > Ref(z,-2))
OR
(z < Ref(z,-1) AND Ref(z,-1) < Ref(z,-2));
res:=If(pc >= perc ,1,0);
If(Alert(res,2) AND SD,1,res)
Pierre Tremblay
Theo Lockefeer a écrit :
> Hello friends, Did someone manage to get the formaula on page 30 of
> August Stocks and Commodities to work OK in Metastock 6.52 ? I get an
> error when i type the formula in IndicatorBuilder. Thanks Theo
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