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Chellester
> Ok, everyone was great last time I asked a question, so I'm hoping
> you can help me with this as well.
> What I'm wanting to do now is as part of my system test, create a
> formula that includes the equity line as part of the test. So that
> for example if the 20 day moving average of the equity line is lower
> today then it was yesterday, that generates a sell signal in the
> test. It's easy enough to drop the moving average indicator onto the
> equity line after it's been tested, but even then I can't figure out
> how to refer to it, to make it part of the test. It might not be
> possible, and even then, might not be viable in real world
> situations, but it is something I wanted to try, so any thoughts
> would be great.
The last time I looked at this I thought it was impossible in MetaStock. Now
that I know how to create an equity line I would put in in the "very hard"
category, though not necessarily impossible. The major problem is working
out how to feed back a result (from the curve) as an input. This can be done
by using PREV within a variable, but there is no comparable function to do
the same for a multiple variable indicator.
> By the way, thanks Roy for your help on creating formula for selling
> after a number of periods, it's been great, and I now understand it,
> and have adapted it for other uses.
Nice to know somebody actually reads my posts from time to time : )
Roy
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