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Re: [EquisMetaStock Group] Metastock "cheats'? showing part ofnext day data?



PureBytes Links

Trading Reference Links

You can scroll a chart by only a single time period (i.e., day, week, or 
month) by holding down the SHIFT key when clicking on a chart's 
horizontal scroll buttons.
This can be useful if you want to do what we call "learn as you plot." 
By analyzing a chart and then scrolling a chart forward one period at a 
time, thereby simulating the passing of time, you can quickly improve 
your technical analysis skills.
 >>It is helpful to use the histogram or dot as your indicator style 
when using learn as you plot.

If you use a standard line style, you will be able to see the direction 
the indicator is moving before you scroll to the next period.<<

To automatically scroll through a chart, you can also use the Microsoft 
IntelliMouse pointing device. See Using the Microsoft IntelliMouse 
Pointing Device for more information on the autoscroll feature of the 
IntelliMouse pointing device.

Rick Carbert wrote:

> Hi Pierre:
>
> I don&#x2019;t quite follow what you mean about &#x201C;dot&#x201D; as my indicator style? 
> However, it seems you are aware or see what I am talking about?
>
> As to histogram style, I use the MACD as histogram, but not the 
> others, such as Stochastic or Chaikin Money Flow.
>
> It would seem that I shouldn&#x2019;t have to change my indicator style to 
> prevent Metastock from giving me a partial view of which way next 
> day&#x2019;s indicator is going to head?
>
> Thanks
>
> Rick
>
> -----Original Message-----
> From: Pierre Tremblay [mailto:pt2000@xxxxxxxxxxxxxxxx]
> Sent: May 4, 2004 6:32 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: Re: [EquisMetaStock Group] Metstock "cheats'? showing part of 
> next day data?
>
> Rick,
>
> You have to use dot or histogram as your indicator style to don't view 
> the start of the next day move of your indicator.
>
> Pierre Tremblay
>
>
> Rick Carbert a écrit:
>
> Hi Dusant:
>
> Thanks for your reply, and what you say is what I am trying to do. 
> Using historical data: and then add each day's data one by one. That 
> is exactly how you will see data, day by day, or hour by hour.
>
> I am viewing the data one day at a time and making my decision whether 
> or not to buy for the next day, before I view the next day. I view or 
> &#x201C;request&#x201D; the next day&#x2019;s data by holding down the shift key and 
> pressing the arrow key.
>
> However, since this is historical data, Metastock already has the next 
> days EOD on file. It starts to partially draw the direction of the 
> oscillator before I hold down my shift key and hit the arrow key to 
> view the next day. Maybe this isn&#x2019;t happening to everyone or possibly 
> no one has noticed this?
>
> Thanks
>
> Rick
>
> -----Original Message-----
> From: Dusant [mailto:dusant@xxxxxxxxxxxxxxxxxx]
> Sent: May 3, 2004 8:45 PM
> To: equismetastock@xxxxxxxxxxxxxxx <mailto:equismetastock@xxxxxxxxxxxxxxx>
> Subject: Re: [EquisMetaStock Group] Metstock "cheats'? showing part of 
> next day data?
>
> Metastock does not cheat, its us who are deluded into thinking that a 
> trading system is good.
>
> I always have, and always will suggest one simple thing.
>
> While testing any indicator, expert or trading system, delete a part 
> of the data, and then add each day's data one by one. That is exactly 
> how you will see data, day by day, or hour by hour.
>
> Then take your decisions, whether you would buy or sell, maintain a 
> record, and see if it is effective.
>
> MVHO.
>
> Dusant
> Chief Architect
> http://www.candlestrength.com/
>
> ----- Original Message -----
>
> From: "rickbc11" <rcarbert@xxxxxxxxxxxxxxx 
> <mailto:rcarbert@xxxxxxxxxxxxxxx>>
>
> To: <equismetastock@xxxxxxxxxxxxxxx 
> <mailto:equismetastock@xxxxxxxxxxxxxxx>>
>
> Sent: Tuesday, May 04, 2004 7:23 AM
>
> Subject: [EquisMetaStock Group] Metstock "cheats'? showing part of 
> next day data?
>
>> Hi: I am practising as per Elder's book "Come into My Trading
>> Room" and using historical EOD data. However, I find that when
>> looking at my charts, Metastock shows me what is happening the next
>> day by starting to draw the next days oscillator line either up or
>> down.
>> For example, on my EOD for May 3, 2003 using the Stochastic
>> osc., I can see that the next day will probably be up somewhat
>> because the Stochastic indicator has alread started to angle that
>> way. (Put your crosshair over May 3rd and you will see what I
>> mean).
>> How can I set Metastock so that this doesn't happen?
>> Thanks-Rick
>>
>>
>>
>>
>>
>> Yahoo! Groups Links
>>
>>
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>>
>>
>>
>>
>
>
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>
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