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--- In Metastockusers@xxxxxxxxxxxxxxx, "mc11512022 <miltonc@xxxx>"
<miltonc@xxxx> wrote:
>
> Hi All
>
> Hopefully someone can help, or maybe point me to someone who could
> develop this
> I wish to identify swing points, and identify them with a label,
> based on minimum fixed retracement price moves
>
> Basically, (using a Real Time tick input ---10 min chart) once
price
> moves x points (Say
> 8 points) then identify this move with a label and fix label at
the
> highest bar (continue to move the label across onto any subsequent
> higher highs, once price retraces x points, then label and fix
label
> at lowest low, once price moves back x points, then label and fix
> label at the highest bar, etc, etc
> This would show a chart with labels at highs and lows based on a
> minimum price moves
>
> Label
> This can be a lowercase letter, Dot or arrow
>
> (X Points)
> This is the amount of price movement or retracement in points
that
> price must go before a label is created.(It's the minimum price
must
> go to trigger a swing point)
> (Xpoints Close) gives option to force study to wait for a close
above
> the selected Xpoint.
> Both are required in this initial stage of assessment to evaluate
the
> differences
>
> Horizontal Line at Xpoint
> Is it possible for MStock 7.2 or 8.0 to automatically draw a
> horizontal line (Length, thickness & color variable) at swing
point,
> each time the Swing Label is drawn,
>
> Kagi Charts
> Will all of above be possible on Kagi, Renko charts
>
> Any help is greatly appreciated
>
> Milton
Interesting matter, proposes it
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