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I don't think General Custer and the 7th Cav saw this many arrow.:)))
--- In Metastockusers@xxxxxxxxxxxxxxx, "Stephane Goria"
<stephane.goria@xxxx> wrote:
> Hi guys,
>
> I am investing time on pivots. I have find some good results with a
simple
> formula :
>
> Long enter :
>
> A1:=PriceChannelHigh(8);
> A2:=PriceChannelLow(8);
> A3:=(O+H+L+C)/4;
> A4:=(A1+A2)/2;
> A5:=Mov(A4,4,W);
> A6:=A1-A5;
> A7:=If(A3>A5,1,0);
> A8:=If(A3<A5,1,0);
>
> Cross(A3,A5)
>
> Short enter :
>
> A1:=PriceChannelHigh(8);
> A2:=PriceChannelLow(8);
> A3:=(O+H+L+C)/4;
> A4:=(A1+A2)/2;
> A5:=Mov(A4,4,W);
> A6:=A1-A5;
> A7:=If(A3>A5,1,0);
> A8:=If(A3<A5,1,0);
>
> Cross(A5,A3)
>
> Exit Long :
>
> A1:=PriceChannelHigh(8);
> A2:=PriceChannelLow(8);
> A3:=(O+H+L+C)/4;
> A4:=(A1+A2)/2;
> A5:=Mov(A4,4,W);
> A6:=A1-A5;
> A7:=ValueWhen(1,Cross(A3,A5),A3-A5);
> A8:=A5+A7;
> Cross(A8,A3);
>
> Exit Short :
>
> A1:=PriceChannelHigh(8);
> A2:=PriceChannelLow(8);
> A3:=(O+H+L+C)/4;
> A4:=(A1+A2)/2;
> A5:=Mov(A4,4,W);
> A6:=A1-A5;
> A7:=ValueWhen(1,Cross(A5,A3),A3-A5);
> A8:=A5+A7;
> Cross(A3,A8);
>
> If somebody would like to cooperate to build or to ehance such a system,
> ideas are welcomed.
>
> I think, that could be added, some conditions as not to enter long if
> close<open etc....
>
> Maybe mixing this system with some indicators...
>
> Well, if it can interest this group to work on that....
>
> Regards
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