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Re: [Metastockusers] BINARY WAVE COMPOSITE



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Roy,

I received an error message saying "condition" is not a recognized name or operator.  Do I leave that word out of the formula?

Thank you,
Debra Ann 
--- "Roy Larsen" <rlarsen@xxxxxxxxxxxxxx> wrote:
>Debra Ann
>
>It is quite easy to set up a "sort of" binary wave that assigns different
>values to the different conditions. This could be rather confusing with
>negative numbers but I've used the following format to help quickly identify
>which signals were true.
>
>If(condition "A",1,0)+
>If(condition "B",2,0)+
>If(condition "C",4,0)+
>If(condition "D",8,0);
>
>The possible results are 0 through 15.
>
>In the example above a summed value of 10 tells us that conditions B and D
>are true. A value of 3 results from A and B. Once beyond four components the
>mental maths gets a little harder.
>
>Roy
>
>> On page 289 of the 8.0 MetaStock manual, a composite Binary Wave is
>> listed.
>> Is there a way of distinguishing each wave from the other so when the
>> wave is generated at 1, 2, or 3, you would be able to tell which
>> indicator was not in agreement with the other three.  Or if only 1 is
>> +/-1 which indicator that would be?
>> Could something be color coded or named or a number assigned to each
>> indicator to reflect its identity?
>> If this is possible, would someone please write the additional lines
>> necessary to accomplish this goal?
>>
>> Thank you very much.
>> Debra Ann
>>
>>
>>
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>
>
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>
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