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[EquisMetaStock Group] Re: Goodness of entry?



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--- In equismetastock@xxxxxxxxxxxxxxx, "Henry Z Kaczmarczyk" 
<henry1224@xxxx> wrote:
> 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!

Due to the omniscient nature of the indicator I obviously can't use 
it directly for trading, but certainly to plot & understand where 
good entry & exit points are. SO:

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;


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