Re: [EquisMetaStock Group] Need help with formula

["TaoTrader" <taotrader@xxxxxxxxxxx>]

Hi Roy,
 
Thanks for the response.  Yeah, I realized the 
script is not in Metastock language.  However, the odd thing is that I 
found the formula at a web site on external meatstock function.  See web 
attached web site:
 
<A 
href="">http://www.ksr.sp.ru/msx/msxen.htm
 
and go down to:
4. 
Renko-Adaptive indicator "<FONT 
color=#008000>Renko_Adaptive
<FONT face=Verdana color=#008000 
size=2> 
I understand you're busy and wouldn't ask you to 
take up your time.  I posted the request in the forum because Metastock has 
built-in Renko charts.  So, I thought that there must be a way to also code 
them with the MS language.  Although I understand that the built-in stuff 
is not likely to be written MS format.
 
Thanks again for your reply
Gernot
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Roy 
  Larsen 
  To: <A 
  title=equismetastock@xxxxxxxxxxxxxxx 
  href="">equismetastock@xxxxxxxxxxxxxxx 
  
  Sent: Monday, June 28, 2004 9:29 PM
  Subject: Re: [EquisMetaStock Group] Need 
  help with formula
  <FONT 
  face=Arial size=2><FONT face=Arial 
  size=2>Hi GernotI think the code below is Easy 
  Language, for TradeStation. I'm not familiar with the language anddon't 
  attempt conversions. There are other around that may be able to help you. It's 
  possible thatthe code is impossible to convert because of MetaStock's 
  limitations.I would rather attempt to build up the code from an 
  English language description but sadly I alreadyhave more work than I can 
  cope with.Sorry.RegardsRoy----- Original 
  Message ----- From: "taotra" <taotrader@xxxxxxxxxxx>To: 
  <equismetastock@xxxxxxxxxxxxxxx>Sent: Tuesday, June 29, 2004 9:34 
  AMSubject: [EquisMetaStock Group] Need help with formula> 
  Hello, I've come across this formula for Renko charts adjusted by> 
  ATR.  However, my metastock coding skills are rudimentary, so I'm> 
  not sure how to solve this problem.  If I read the manual 
  correctly> the If statement is only binary in function, meaning for one 
  If> statement there is one true/false outcome.  In the code below, 
  there> are multiple computation within an If statement, folloed by and 
  End> statement.  How  could this be coded properly in 
  metatock.  Your> help would be greatly 
  appreciated.>> TIA,> Gernot>> Inputs: 
  K(1),> Smooth(10);>> vars:Brick(0), DN(0), UP(0), 
  BricksUp(0), BricksDn(0);> Value1 = ATR(Smooth);>> If 
  BarNumber = 1 Then Begin>   Up = H;>   Dn = 
  L;>   Brick = K*(H - L);> End;> If BarNumber 
  > 1 then begin>   If C > UP + Brick Then 
  begin>     BricksUp = IF(Brick = 0, 0, Floor((C - 
  Up)/Brick)*Brick);>     UP = Up + 
  BricksUp;>     Brick = 
  K*Value1;>     DN = Up - 
  Brick;>     BricksDn = 0;>   
  End;>   If C < Dn - Brick Then 
  begin>     BricksDn = IF(Brick = 0, 0, Floor((Dn - 
  C)/Brick)*Brick);>     Dn = Dn - 
  BricksDn;>     Brick = 
  K*Value1;>     Up = Dn + 
  Brick;>     BricksUp = 0;>   
  End;> End;>> Plot1(UP, "Up");> Plot2(DN, 
  "Dn");>>>>>>>> Yahoo! 
  Groups 
  Links>>>>>>>







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