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[Metastockusers] How to reproduce the zig zag



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Hi Roy
 
   I have been writing formulas for Metastock for 12 years.  I consider myself a very competent formula writer.  I always wondered how the zig zag formula was created.  It seems straight forward enough.  I think if I spend enough time on it I could figure it out totally.  Part of the problem is that I am a active player in the market and there just isn't enough time in the day.  Thanks for being honest with your limitations.  If I come up with the formula I will post it.  For now I will just move on.  Good luck to all and keep building the most profitable trading system. 
 
 
 
Steve
 
 
   From: "Roy Larsen" <
rlarsen@xxxxxxxxxxxxxx>
 
Subject: Re: How to reproduce the zig zag formula
 
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


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