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Roy, yours also worked perfectly.
Many Thanks
Russ
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> Russ
>
> Using Ref() with a plus or minus value is the usual way to shift a
signal
> left or right on a chart. The problem with using a "plus reference"
is that
> it is effectively looking into the future, or making decisions with
> hindsight. Any system built around a plus reference is untradeable
in real
> time because the shifted signals are not available until the set
number of
> bars later.
>
> You can easily verify this effect by dropping any moving average
onto a
> chart and setting the horizontal shift to -5. For a 25 period
simple moving
> average this is the same as Ref(Mov(C,25,S),+5). Do not be confused
by the
> apparently opposite sign - a negative shift of a moving average is
> synonymous with a positive reference.
>
> A positive reference can be useful (to some traders) for defining
past pivot
> points or similar events but in my opinion they should NEVER be
used. The
> System Tester will accept positive references but the Explorer will
not.
>
> Roy
>
> > I would appreciate some advice from the programming guru's on the
> > board how to define a horizontal shift to a custom indicator.
> >
> > Lets say I'm building a custom indicator of MOV(c,20,s) and always
> > want a shift of -10 days to reduce the delay. What parameter do a
use
> > to communicate the shift variable?
> >
> > I've searched the archives of this BB and guppy with no success.
> >
> > Thanks in advance for your help.
> >
> > Regards, Russ
> >
> >
> > To unsubscribe from this group, send an email to:
> > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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> >
> >
> >
> >
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