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Re: [Metastockusers] How to reproduce the zig zag formula



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this looks like a ROC from a-b, and plotting the start point to the ROC, 
give more info please.

rich

>slope:=(LastValue(C)-ValueWhen(1,Cum(1)=1,C))/LastValue(Cum(1));
>
>
>line:=ValueWhen(1,Cum(1)=1,C)+Cum(slope);
>
>
>
>line;



At 04:25 PM 1/24/2005 +1300, you wrote:

>Steve
>
>
>If you want to learn the formula language I suggest to you pick another 
>exercise. There are
>certainly enough to choose from. I'm not one to give up easily on 
>challenges, but ZigZag and SAR are
>two that have proved to be beyond me. Then there are others that have, 
>shall we say, been on the
>back-burner for a long time.
>
>Limitations with the formula language make it very difficult to string an 
>indeterminate number of
>lines together, particularly when they are not horizontal or equal in 
>pitch or length. When you can
>string just two lines together, such that one starts where the other 
>finishes, you'll have a better
>appreciation of the difficulties involved.
>
>For a competent programmer with access to the MetaStock Development Kit 
>it's probably a breeze, but
>for us mere mortals confined to the MetaStock Formula Language I think 
>this particular challenge
>should be left sitting out of sight in the "too hard" basket.
>
>
>Kind regards
>
>Roy Larsen
>www.metastocktips.co.nz
>
>
>
>
>
>----- Original Message -----
>From: "Steve Grala" <stevegrala@xxxxxxxxxxx>
>To: <Metastockusers@xxxxxxxxxxxxxxx>
>Sent: Monday, January 24, 2005 3:30 PM
>Subject: [Metastockusers] How to reproduce the zig zag formula
>
>
>
>
>
>
>
>
>
>To any smart Metastock formula writer:
>
>
>
>
>
>    I have asked this question before but never got an answer.  I would 
> like to know how to reproduce
>the zigzag formula.  The zigzag formula is used and talked about here but 
>I do believe no one here
>knows how to reproduce it with the basic metastock formulas.  Obviosly one 
>can not use the peak or
>troughs function since this is derived from the zig zag itself.  I wanted 
>to write the equivalent
>formula using the basic MetaStock formulas.  In order to reproduce the 
>zigzag you need to draw a
>linear line from point A to point B.  I created a simple formula to do 
>this.  First I needed to know
>the slope of point A to point B.  In my sample formula point A is the 
>first day of data loaded and
>point B is the last day of data loaded.  Slope = rise over run.  Rise is 
>the difference between
>point A and point B.  The run is the number of days over the data.  Once 
>you have the slope you just
>add this each day to the previous day of the data.  The result is a nice 
>linear line going from
>point A to point B.  The problem I need to figure out is how to get point 
>A and point B to change
>according to a certain percentage like in the zig zag formula.
>
>
>
>Sample formula for drawing a linear line from first to last day of data.
>
>
>
>slope:=(LastValue(C)-ValueWhen(1,Cum(1)=1,C))/LastValue(Cum(1));
>
>
>
>line:=ValueWhen(1,Cum(1)=1,C)+Cum(slope);
>
>
>
>line;
>
>
>
>You might ask why write a formula to do what the basic zig(data array, min 
>change,diff method) all
>ready does.  I guess it is just curiosity.  I figure it could help in 
>writing other formulas.
>
>
>
>Thanks
>
>
>
>Steve
>
>
>
>
>
>
>
>
>
>
>Yahoo! Groups Links
>
>
>
>




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