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oops.... had mistake in the signal logic.
should be:
signal:=If(cross(nhnl,0.3)=1,1,If(cross(0.7,nhnl)=1,-1,0);
----- Original Message -----
From: "Tom Sprunger" <tlsprunger@xxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Tuesday, May 04, 2004 3:12 PM
Subject: Re: [EquisMetaStock Group] What's wrong with this formula for
Enhanced System Te
> You say your indicator seems to work.
>
> Let's see if the buy sell logic works. To do that make another indicator.
> Give it another name.
>
> This indicator will give the buy sell signals so we can see if they are
> working.
>
> Something like: nhnl buy sell signals
>
> nhnl:=Mov(Security("C:\MetaStock Data\BM
> Data\X.NASD-H",C)/(Security("C:\MetaStock Data\BM Data\X.NASD-H",C)
> +Security("C:\MetaStock Data\BM Data\X.NASD-L",C)),10,S);
>
> signal:=If(cross(nhnl,0.3)=1,1,If(cross(0.7,nhnl)=1,-1);
> signal
>
> This indicator should plot a 1 when you get a buy signal above 0.3 and
a -1
> when you get a sell signal below 0.7 and a 0 the rest of the time.
>
> By doing this as an indicator you can visually see if the buy sell signals
> are occurring when you want them to.
>
> Then you can debug your logic until the signals make sense. After that
you
> go back to the system tester.
>
> Give it a try.
>
>
> ----- Original Message -----
> From: "metastockuser" <metastockuser@xxxxxxxxx>
> To: <equismetastock@xxxxxxxxxxxxxxx>
> Sent: Tuesday, May 04, 2004 2:35 PM
> Subject: Re: [EquisMetaStock Group] What's wrong with this formula for
> Enhanced System Te
>
>
> > Still not working. I tried both ways. Something not quite right.
> >
> > One thing that bothers me is that the metastock Broader market groups
> > has two files for each symbol in that folder. Their ticker appears to
> > be the same, but the discription says one is daily data and one is
> > weekly data. Im wondering how it knows which data to use in a case
> > like this.
> >
> > Take Nasdaq New Highs Daily ticker is X.NASD-H Weekly ticker is
X.NASD-H
> >
> > I wonder if one of the tickers may be calling up daily and one may be
> > calling up weekly and thus things are screwed up.
> >
> > In any case. going X 100 didn't work or looking for say .30 rather
> > than 30 didn't work.
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Tom Sprunger"
> > <tlsprunger@xxxx> wrote:
> > > There is nothing wrong with your formula. It is your trigger. Your
> > formula
> > > output value will range between 0 and 1.0. As it is set up it is not a
> > > percent, rather it is a decimanl value.
> > > So all you have to do is change your trigger from 30 to 0.3 and it
> > should
> > > work.
> > >
> > > If you wish to have it in percent, then multiply the entire formula
> > by 100
> > > and your trigger 30 should work.
> > >
> > >
> > >
> > > ----- Original Message -----
> > > From: "metastockuser" <metastockuser@xxxx>
> > > To: <equismetastock@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, May 04, 2004 10:13 AM
> > > Subject: [EquisMetaStock Group] What's wrong with this formula for
> > Enhanced
> > > System Tester??
> > >
> > >
> > > > I'm attempting to recreate a formula at Market Gauge. I've come
pretty
> > > > close to recreating it as an indicator but can't get it to run as a
> > > > system test or Exploration. No Buys Generate and that is my issue.
> > > >
> > > > Here is their explanation of the formula....
> > > >
> > > > New High/New Low Ratio: The daily number of new highs divided by the
> > > > sum of new highs and new lows. The indicator is the 10-day moving
> > > > average of this ratio.
> > > >
> > > > I've created the formula
> > > >
> > > > Mov(Security("C:\MetaStock Data\BM
> > > > Data\X.NASD-H",C)/(Security("C:\MetaStock Data\BM Data\X.NASD-H",C)
> > > > +Security("C:\MetaStock Data\BM Data\X.NASD-L",C)),10,S)
> > > >
> > > >
> > > > and it appears to work as an indicator. I get a plot of the
average
> > > > and the indicator is very close to what they get.
> > > >
> > > > This looks very close to their indicator at this web site.
> > > > http://tal.marketgauge.com/dvMGPro/Charts/charts.asp?chart=OCHILO
> > > >
> > > > But if I set it as a buy signal in the Metastock Enhanced system
> > > > tester....the indicator never generates a buy. Below I simply set
it
> > > > up as >30 to create a buy. Obviously you can see that I'm
referencing
> > > > the location of the Highs and Lows data on my hard drive in the
> > > > formula. I'm guessing it's how I'm accessing the highs and lows
> > > > that's messing me up???
> > > >
> > > > I have tried using the formula, tired using the indicator...no buy
> > > > generates when running it against the Nasdaq Composite in the
Enhanced
> > > > System tester. But looking at the indicator output...buys should
> > > > generate.
> > > >
> > > > Mov(Security("C:\MetaStock Data\BM
> > > > Data\X.NASD-H",C)/(Security("C:\MetaStock Data\BM Data\X.NASD-H",C)
> > > > +Security("C:\MetaStock Data\BM Data\X.NASD-L",C)),10,S) > 30
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Yahoo! Groups Links
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
>
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