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jopr,
To correct your formula, it should be:
A:=mov(willr(37),13,e); B:=mov(A,13,e);
((dx(20)>=20) AND (cross(B,A)))
I made an indicator out of the MA and Williams so that I could plot
it by itself. The indicator is:
A:=mov(willr(37),13,e); B:=mov(A,13,e);
A;B;
Then I plotted a DX(20) in another window on the chart.
>From the looks of it I believe you need to rethink the use of these
indicators. Looking at them individually this way its easy to see
that the A and B indicator works well. The DX(20) does not. Maybe
longer time frames would help. Also consider whether you need the
cross event to occur or just A to be > than B.
Hope this helps!
Preston
BTW: Let us know how it works out.
--- In equismetastock@xxxxxxxxxxxxxxx, Johannes Pressler
<jopr2003@xxxx> wrote:
>
> Dear Preston,
> I have tried to solve the problem as follows:
> A:=mov(willr(37),13,e); B:=mov(A,13,e);
> ((dx(20)A>=20) AND (cross(B,A)))
> anyway, the signals I receive are wrong, as everytime I get a buy
signal the sell signal follows suit.
> I still have a problem how to put the sell order so that only if
the trend indicator shows the market is trending the system displays
a sell signal if the second (MACD over the williams) condition
appears. if not, there is a trailing stop which should be out of
order in a trending market.
>
>
> pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:jopr,
>
> It is best to post the exact code that you are trying to use.
>
> MACD and Williams should be viewed seperately. They are powerful
> technical analysis tools when used correctly on an individual
basis.
> It is possible to combine the two and gain an edge in some cases.
> Generally, a MACD or Williams and a trigger(simple moving average)
> will give exceptional signals.
>
> Again, post your complete code.
>
> Preston
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, Johannes Pressler
> wrote:
> >
> > dear metastock users,
> >
> > I try to program an exit signal using the macd over a williams
i.e.
> if the solid line crosses under the signal line then an exit signal
> should be activated.
> >
> > all this should only happen if the DX is above 25 (=trend)
> >
> > if not, a trailing stop should be used to exit the trade
> >
> > if (dx(nr.of days)>25) AND (cross(mov(macd(willr(nr.of days)))),
> macd(willr(nr. of days)), exit, trailing stop)
> >
> > it doesn't work at all:
> >
> > 1) no acceptance for (dx(nr.of days)>25)
> >
> > 2) no acceptance for the macd on the williams, do I have to split
> it into two mov s?
> >
> > 3) didn't arrive at the exit, trailing stop problem so far, but I
> have the feeling there will be one.
> >
> > many thanks in advance for everyone who tries to help.
> >
> > happy trading
> >
> > jopr
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