PureBytes Links
Trading Reference Links
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THANKS A LOT!
I will study that book!
And thanks for those links too!
--- In equismetastock@xxxx, grizz003 <no_reply@xxxx> wrote:
> > I donīt know how to write in the Metastock language
>
> Go to Files Box on the left of this message board and download the
> FormulaBook.ZIP. This is a great tutorial on the Metastock Formula
> Language.
> >
> > So it would look something like this:
> > IF THIS DAY HIGH IS HIGHER THAN YESTERDAY HIGH AND IF THIS DAY
> > CLOSE IS LOWER THAN YESTERDAY CLOSE --> SELL
> >
> > IF THIS DAY LOW IS LOWER THAT YESTERDAY LOW AND THIS DAY CLOSE IS
> > HIGHER THAT YESTERDAY CLOSE --> BUY
> >
>
> One approach is to use the Reference( array, periods ) function.
> Ref(high,-1) {gives yesterday's high}
> Ref(low,-1) { gets yesterday's close }
> high = todays high from the ARRAY
> Then try setting up variables called "SELL," "Buy"
> Your formula might look something like this:
> SellIt := high>ref(high,-1)and close<ref(close,-1);
> BuyIt := Low<ref(low,-1)and close>ref(close,-1);
>
> Now we need a way to display your formula as a custom indicator to
> see if it works as we think it should. For this, we need to display
a
> +1 to buy or -1 to sell or a zero to do nothing. The IF(statement
or
> formula,[then},{else}) does a nice job at this. We add these 2
lines
> to your formulas...
> IF(SellIt,{then}-1,{else}0);
> IF(BuyIt,{then}+1,{else}0);
>
> The above 4 lines in a custom indicator and the tutorial will get
you
> on your way. Also visit these 2 web sites for more on formulas to
do
> everything:
> http://www.guppytraders.com/Metastock%20Formulas/formula%
20index.htm
> http://eis.pl/kr/AFM/index-en.html
>
> Grizz
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