|
PureBytes Links
Trading Reference Links
|
--- In equismetastock@xxxxxxxxxxxxxxx, mudgalbharat <no_reply@xxxx>
Bharat,
Realistically the FFT may not be what you want. The reason for asking
you to plot the FFT on a chart was so that you could see this.
If you still believe that the FFT can help your trading you could use
ranges to set the "if" statements. Something like 0 to 100 for a
moving average of 10 and 101 to 200 for the next moving average and
so on. Hope this helps.
Preston
wrote:
> Hello
>
> The value of FFT can be anythingit could be anything from 10 to
1700
> or higher so writing so many IF statements would not do the task !!
>
> regards
>
> Bharat Mudgal
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
wrote:
> > Bharat,
> >
> > To learn about the formula language go to the files section and
> > download the Metastock Formula Language book in either pdf or zip
> > format. Once you've done that you will be better prepared to make
> the
> > correct decision about how you want the formula to work. I would
> also
> > suggest that you open a chart with a price plot in one window and
> the
> > FFT in another.
> >
> > The basics of the formula will use one moving average if the FFT
> has
> > a certain value and another moving average if the FFT has a
> different
> > value.
> >
> > Let's say the FFT has the following values of 10, 20, and 30.
Your
> > plan is to reflect those values in your moving average. You would
> > write the following:
> >
> > MYMA:= if(FFT=10,mov(close,10,e),if(FFT=20,mov(close,20,e),if
> > (FFT=30,mov(close,30,e),mov(close,3,e))));
> > MYMA
> >
> > Note that in the formula above if the FFT does not exactly equal
a
> > value of 10,20,or 30 you would get a 3 day moving average or
> > mov(close,3,e). You may wish to change these parameters to ranges
> of
> > 5 to 15, 16 to 25, and 26 to 35 instead. This would be
> accomplished
> > by using
> > if(FFT>5 and FFT<15,mov(close,10,e).
> > This is something that you will need to decide based on the
values
> of
> > the FFT that you see on your chart.
> >
> > You may also find it beneficial to visit a couple of formula
sites
> to
> > determine how others have used the "if" statement. Hope this
helps.
> >
> > Preston
> >
> >
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark
Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/BefplB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|