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<FONT face=Arial
size=2>Metastock allows you to have a continuous 5 day chart period. Every bar
is the result of the last 5 days action.
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>1. open Metastock, display a security
<FONT face=Arial
size=2>2. click on <FONT
color=#008000>format
<FONT face=Arial
size=2> click on X-axis
properties
<FONT face=Arial
size=2> click on <FONT
color=#008000>periodicity
<FONT face=Arial
size=2> select <FONT
color=#008000>other
<FONT face=Arial
size=2> enter
the number <FONT
color=#008000>5
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>This meets Elder's recommendation
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>Using this should enable to make your trading
decisions
<FONT face=Arial
size=2>Lionel
From: Alan Davidson
[mailto:alan_davidson22@xxxxxxxxxxx] Sent: Tuesday, May 11, 2004 2:25
AMTo: equismetastock@xxxxxxxxxxxxxxxSubject: Re:
[EquisMetaStock Group] Write-only weekly indicators
Hi Roy,Thanks for your document. I've a question
that may be of general interest.Your excellent weekly indicators
allow the user to specify the last trading day of the week (normally
Friday).Elder says that when using weekly indicators to determine the
longer term trend, you can't wait till Friday to see what the weekly trend
is. He says the weekly trend should be recalculated
daily.Here's a scenario:Assume that today is Tuesday. I
want to know whether to trade my system tomorrow. When I use your
weekly indicators, do I specify that the last trading day is Tuesday, in
order to get the trend at EOD today? Regards,Alan---
In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:> Hi Alan> > I'm sending the document to you off
list in case you don't get group emails> > Roy>
> ----- Original Message ----- > From: "Alan Davidson"
<alan_davidson22@xxxx>> To:
<equismetastock@xxxxxxxxxxxxxxx>> Sent: Tuesday, May 11, 2004 1:28
AM> Subject: [EquisMetaStock Group] Write-only weekly indicators>
> > > Hi Roy,> > > > I'd be grateful if you
could give me a quick explanation of any one > > of your weekly
formulas on Jose's Pegasus site. > > > > Because of AD
(Advancing Decline), I've been finding it difficult to > > adapt
to the MetaStock formula language. So I've taken the easy way >
> out and bought AmiBroker after a comprehensive trial (30
minutes). > > > > The formula language is more
like C or Java, so I find it much > > easier. In three hours,
I've re-written three months' worth of > > MetaStock code that I
sweated blood over. Unfortunately, I can't > > rewrite your
write-only formulas, because I don't understand them.> > > >
I'm currently using your ADX, RSI - Close, and MACD - Close. I'd be
> > grateful if you could select any one of these solid gold nuggets
and > > give me an assay (essay?). I already understand the
first part, > > where you test whether the data is weekly or daily.
(No, I didn't > > work it out for myself, you told me on this
newsgroup :-)> > > > Regards,> > Alan> >
> > > > > > > > > >
Yahoo! Groups Links> > > > > > > >
> > > > > >
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