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Preston,
What I meant was, assuming future price does not move
lower than the current 52 wk low.
To make things clearer:
A 52 wk low will change if
a) a new low is made or
b) due to the oldest weekly low being dropped.
What I want is a depiction of how the 52 wk low would
look in the future if a new low is not made.
In still other words:
We plot a 52 wk low by starting from current date
(say 19-11-2004) and looking 52 weeks backwards.
Now start from next friday (26-11-2004), look 52 wk
backwards and plot the lowest point. The week after
that (3-12-2004), start from that date, look 52 wk
backwards and plot the lowest point.
Can this be done?
The formula for the indicator is not difficult. What I
do not know is whether it is possible to plot values
to the right of the current date in the metastock
chart.
Thanks for your patience,
regards,
Hormuz
---------------------------------
Message: 7
Date: Mon, 22 Nov 2004 18:33:15 -0000
From: pumrysh
Subject: Re: plotting indicator in future
Hormuz,
IF you can provide price data for the future I am sure
there are a
lot of people who would very much like to talk with
you...bottomline...it does not exist, yet!
In Metastock you can plot data that exist, therefore
we can plot a
weekly chart and the weekly lowest low for 52 weeks
but this
information is based on data that exist to the
present.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, hormuz maloo
<hormuzmaloo@xxxx> wrote:
>
> Hi everybody,
> Is there any way to plot an indicator for future
dates
> in metastock.
> For eg, I want to view a 52 wk low for the next
three
> months. (Nov 2004 to Feb 2005).
> Thanks,
> Hormuz
>
>
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