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Thanks José by the answer!
Alberto.
--- Jose <josesilva22@xxxxxxxxx> escreveu:
> There is nothing wrong here Alberto - you just need
> to understand what
> the trend points function does. It plots the two
> points (+1 signal
> for each point) on which the trend line is based.
> Plot this function
> on a separate window for easier viewing.
>
> jose '-)
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, Menalbi
> <menalbi@xxxx> wrote:
> > 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@xxxx> escreveu:
> > > > MetaStock -> Tools -> Indicator Builder -> New
> > > Copy and paste formula below.
> > >
> > >
> > > ======================
> > > Trendline - adjustable
> > > ======================
> > > ---8<---------------------------
> > >
> > > { ©Copyright 2003 Jose Silva }
> > >
> > > 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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