Re: [EquisMetaStock Group] Need help with formula

["TaoTrader" <taotrader@xxxxxxxxxxx>]

Thanks, Dusant, for your reply.  
Unfortunately, external functions won't help me.  In my broker's forex 
charting program you can write your own indicator scripts using a subset of the 
MS commands.  However, it isn't possible to call external functions via 
DLLs.  I thought if I could just program Renko charts with the available MS 
commands that that would suffice.
 
By the way, I've just come across another script 
(see below) at a German trading site.  However, it looks like it's 
generating a line chart based on Renko data instead of the chart itself.  I 
ran it as is in my program but it did't work ( no line, just blank).  If 
someone could run the script im MS and let me know what it works.  The code 
below includes comments for each line.
 
Cheers,
Gernot
 

K:=150; {brick size}
RenkoLine:=if(Cum(1)=1,Close,
{Last Renko white (up)?}
if(PREV>=0, 
{Last Renko is white.}
{Reversal?}
if(C<=PREV-2*K,
{Reversal!}
-(PREV-floor(Max(PREV-C,0)/K)*K),
{New white Renkos?}
floor(Max(C-PREV,0)/K)*K+PREV),
{Last Renko is black (down).}
{Reversal?}
if(C>=abs(PREV)+2*K,
{Reversal!}
-PREV+floor(Max(C-abs(PREV),0)/K)*K,
{New black Renkos?}
floor(Max(abs(PREV)-C,0)/K)*K+PREV)));
RL:=abs(RenkoLine);
RL;
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=dusant@xxxxxxxxxxxxxxxxxx 
  href="">Dusant 
  To: <A 
  title=equismetastock@xxxxxxxxxxxxxxx 
  href="">equismetastock@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, June 29, 2004 8:06 
AM
  Subject: Re: [EquisMetaStock Group] Need 
  help with formula
  
  TaoTrader,
  <A 
  href="">http://195.131.102.216/cgi-bin/ksr?file=msx_ksr_en
  You need to download the DLL as the codes are 
  written with the support of the external DLL.
  You need not write any code yourself, import 
  the formula using their files.
  This DLL has a great utility to write values to 
  a text file too.
  DusantChief Architect<A 
  href="">http://www.candlestrength.com/
   
  <BLOCKQUOTE dir=ltr 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    <A title=taotrader@xxxxxxxxxxx 
    href="">TaoTrader 
    To: <A 
    title=equismetastock@xxxxxxxxxxxxxxx 
    href="">equismetastock@xxxxxxxxxxxxxxx 
    
    Sent: Tuesday, June 29, 2004 8:00 
    AM
    Subject: Re: [EquisMetaStock Group] 
    Need help with formula
    
    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







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