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[EquisMetaStock Group] Error TrendLine.txt?



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Hi,

I did something wrong or the formula really has some 
mistake, and we have been mistaken, think it are in 
this part:

price1:=PR; 
price2:=PR; 

Because when it chooses the second option in the 
variable "display" "Trend points=2"

display:=Input("plot Trend line = 1, Trend points = 
2,1,2,1"); 

The return indicator ZERO.

Alberto. 


--- Menalbi <menalbi@xxxxxxxxx> escreveu: 
> > MetaStock -> Tools -> Indicator Builder -> New
> Copy and paste formula below.
> 
> 
> ======================
> Trendline - adjustable
> ======================
> ---8<---------------------------
> 
> { ©Copyright 2003 Jose Silva }
> { josesilva22@xxxxxxxxx }
> 
> pds:=
>  Input("average trend length periods",2,252,21);
> pr:=Input("Open=1 High=2 Low=3 Close=4 Vol=5 MP=6,
> P=7",1,7,4);
> display:=Input("plot Trend line = 1, Trend points =
> 2",1,2,1);
> 
> {define events}
> pr:=If(pr=1,O,If(pr=2,H,If(pr=3,L,If(pr=5,V,
> If(pr=6,MP(),If(pr=7,P,C))))));
> price1:=pr;
> price2:=pr;
> time1:=price1>Ref(HHV(price1,pds),-1);
> time2:=price2<Ref(LLV(price2,pds),-1);
> 
> {restrict to last events}
> time1:=time1
>  AND Cum(time1)=LastValue(Cum(time1));
> time2:=time2
>  AND Cum(time2)=LastValue(Cum(time2));
> 
> {sort events}
> t1pds:=LastValue(BarsSince(time1));
> t2pds:=LastValue(BarsSince(time2));
> x1:=If(t1pds>=t2pds,time1,time2);
> x2:=If(t1pds>=t2pds,time2,time1);
> y1:=If(t1pds>=t2pds,price1,price2);
> y2:=If(t1pds>=t2pds,price2,price1);
> 
> {fix coordinates}
> y1:=ValueWhen(1,x1,y1);
> y2:=LastValue(ValueWhen(1,x2,y2));
> b1:=LastValue(BarsSince(x1));
> b2:=LastValue(BarsSince(x2));
> plot:=y1+BarsSince(x1)*(y2-y1)/(b1-b2);
> 
> If(display=1,plot,time1+time2)
> 
> ---8<---------------------------
> 
> 
> http://users.bigpond.com/prominex/pegasus.htm
> 
>  


	
	
		
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