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Frank
I think that you are pretty close to getting this formula out
already. Something like;
{support & resistance}
zzpercent:=Input("Percent change",1,100,10);
Trough(1,L,zzpercent);Trough(2,L,zzpercent);
Peak(1,H,zzpercent);Peak(1,H,zzpercent)
is a simple solution if I understand your question correctly. You
only have to be careful to avoid using peak/ trough/ Zig indicators
in system testing.
It would be much more difficult to automatically alter the
peak/trough percent change depending on price volatility.
Steve
--- In equismetastock@xxxxxxxxxxxxxxx, "Frank Greenleaf"
<frankgreenleaf@xxxx> wrote:
> It there the capability to have the indicator builder in Metastock
plot a
> line at reference points like trough(1,L,2) and trough(2,L,2).
The visuals
> I am trying to achieve is a series of support lines at correction
points. I
> know I can add lines manually to each chart as they are opened.
However a
> template/expert that can be applied to any chart with this kind of
> functionality would be a wish; to plot a line at zig zag trough
points. The
> Metastock Manual's reference to line plots refers to manual Insert-
Line
> only.
>
>
> Thanks, Frank Greenleaf
>
>
> _____________________________________________________________
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