RE: [Metastockusers] Re: More Clayburg - Forward References

[Gordon Sutherland <gosuth@xxxxxxxxxxxx>]

To 
avoid forward references (left hand edge stuff) I plot the Support/Resistance 
Lines for the Clayburg System as follows, see the attached .gif: Notice that the 
lines trigger at the end of the third forward period.
<SPAN 
class=680151922-24112003> 
<SPAN 
class=680151922-24112003>{Clayburg Category3 Resistance 
Pivot}
Slippage:=Input("Slippage in 
$.cents",0.01,1.00,0.01);If(Ref(H,-6) < Ref(H,-3) AND Ref(H,-5) < 
Ref(H,-3) AND Ref(H,-4) <= Ref(H,-3) AND Ref(H,-2) <= Ref(H,-3) 
AND Ref(H,-1) < Ref(H,-3) AND H < Ref(H,-3),Ref(H,-3) + 
Slippage,PREV);
 
<SPAN 
class=680151922-24112003>{Clayburg Category3 Support 
Pivot}
Slippage:=Input("Slippage in 
$.cents",0.01,1.00,0.01);If(Ref(L,-6) > Ref(L,-3) AND Ref(L,-5) > 
Ref(L,-3) AND Ref(L,-4) >= Ref(L,-3) AND Ref(L,-2) >= Ref(L,-3) 
AND Ref(L,-1) > Ref(L,-3) AND L > Ref(L,-3),Ref(L,-3) - 
Slippage,PREV);
 
Also, 
I use the these lines for entry price triggers when system testing - different 
concept but similar to Daryl Guppy's Count Back Lines (CBL).
<SPAN 
class=680151922-24112003> 
Hope 
the above helps.
 
<FONT face="Kunstler Script" color=#008000 
size=5>Regards,
<FONT face="Kunstler Script" color=#008000 
size=5> 
Gordon 
Sutherland

  
  <FONT 
  face=Tahoma size=2>-----Original Message-----From: metarockx 
  [mailto:k_rock@xxxxxxxx] Sent: Tuesday, 25 November 2003 11:05 
  a.m.To: Metastockusers@xxxxxxxxxxxxxxxSubject: 
  [Metastockusers] Re: More Clayburg - Forward 
  ReferencesThanks for these wise words, Roy, that 
  cannot be emphasized enough. I am just trying to devise a strategy around 
  the swinghighs and swinglows and I learned that, once you have a single 
  forward reference in your code, the traps waiting on you become 
  uncountable. Even a harmless looking barssince or valuewhen function can 
  give unrealistic results whenever it is tied to the forward reference in 
  any respect. The pity, however, is that when you recode it using 
  backward references solely you lose what you had found to be a 
  goldmine ;-)cheersKlausTo 
  unsubscribe from this group, send an email 
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Attachment:
Clayburg Cat3 Pivots.png

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