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[EquisMetaStock Group] Re: Goodness of entry?



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--- In equismetastock@xxxxxxxxxxxxxxx, "will65shak" <nexus42@xxxx> 
wrote:
> 1) Is there an indicator that plots the goodness of entering a 
trade 
> today, given knowledge of all future prices? Something like:
> 
>   'Gain to next peak' - 'Largest drawdown to next peak'
> 
> where peaks are specified with zig(X%)?
> 
> 
> 2) With a nudge from Roy Larsen I created the following indicator 
> that plots the distance to the next peak. It's only looks a fixed 
> number of bars in the future and is hard to use with Ref() at 
least 
> after calculating it, any neater way to do this?
> 
>     Thanks!Kristian
> 
> 
> a:=Zig(C,10,%); a;
> a:=a>Max(Ref(a,-1),Ref(a,1));
> bs:=BarsSince(a); 
> d:=Ref(5-bs,5); 
> d:=If(d<0, Ref(10-bs,10),d);
> d:=If(d<0, Ref(15-bs,15),d);
> d:=If(d<0, Ref(20-bs,20),d);
> d:=If(d<0, Ref(25-bs,25),d);
> d:=If(d<0, Ref(30-bs,30),d);
> d:=If(d<0, Ref(35-bs,35),d);
> d:=If(d<0, Ref(40-bs,40),d);
> d:=If(d<0, Ref(45-bs,45),d);
> d:=If(d<0, Ref(50-bs,50),d);
> d:=If(d<0, Ref(55-bs,55),d);
> d:=If(d<0, Ref(60-bs,60),d);
> d:=If(d<0, Ref(65-bs,65),d);
> d:=If(d<0, Ref(70-bs,70),d);
> d:=If(d<0, Ref(75-bs,75),d);
> d:=If(d<0, Ref(80-bs,80),d);
> d:=If(d<0, Ref(85-bs,85),d);
> d:=If(d<0, Ref(90-bs,90),d);
> d:=If(d<0, Ref(95-bs,95),d);
> d:=If(d<0, Ref(100-bs,100),d); d;

There is a 100 bar lag in this indicator due to the use of forward 
based Ref() function.
You are trading the right side edge of a chart not the far side left!


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