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Jim,
Glad to know it worked!
I was posting pics yesterday and had some problems. You can post pics
as attachments to your messages but Yahoo won't store them in the
message archives. Okay if you get messages but a problem if, like
many, you read the messages from the group site.
I had no problem uploading gifs to the photos and files section. By
placing the pic there everyone would be able to see it.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, stinkerstock <no_reply@xxxx>
wrote:
>
>
> Thanks for the help Preston.
>
> Your formula worked like a charm. I think I will post a .png image
> re that MACD question so that everyone can get the idea I was
trying
> to convey.
>
> Again, thanks for your help.
>
> Jim
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
wrote:
> >
> > 1.
> >
> > Bullish:= (O)<Ref(C,-1) AND
> > (L)<Ref(L,-1) AND
> > (H)>Ref(H,-1) AND
> > (C)>Ref(H,-1);
> >
> > Bearish:= (O)>Ref(C,-1) AND
> > (L)<Ref(L,-1) AND
> > (H)>Ref(H,-1) AND
> > (C)<Ref(L,-1);
> > Bullish;Bearish*-1;
> >
> >
> > 2. Rather than venture a quess I concede to it being too esoteric
> for
> > me.
> >
> > Preston
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, stinkerstock
> <no_reply@xxxx>
> > wrote:
> > >
> > >
> > > Hello to all.
> > >
> > > I am a relatively new user of metastock and its indicator
> builder
> > > interface. I'm trying to create 2 new indicators, but I'm
> having
> > > some difficulty. Here are my indicators:
> > >
> > > #1: I want to build * one * indicator to code for a bearish and
> > > bullish engulfing candle form. I can code for both but I would
> > like
> > > to combine both formulae into 1 indicator. Here are the
> formulae:
> > >
> > > Bullish: (O)<Ref(C,-1) AND
> > > (L)<Ref(L,-1) AND
> > > (H)>Ref(H,-1) AND
> > > (C)>Ref(H,-1)
> > >
> > > Bearish: (O)>Ref(C,-1) AND
> > > (L)<Ref(L,-1) AND
> > > (H)>Ref(H,-1) AND
> > > (C)<Ref(L,-1)
> > >
> > > Now my indicators will work seperately (both giving a positive
1
> > > spike when the condition exists), but I would like to combine
> the
> > > two formulae so that the bullish condition creates a +1 spike,
> and
> > > the bearish condition creates a -1 spike. It seems like the
> > > indicator builder only permits a true (+1) and false (0)
> reading.
> > > Sorry if this is too rudimentary for you guys.
> > >
> > > #2 My second problem is a bit more esoteric. Basically, I
have
> > > noticed that the MACD histogram can have predictive value under
> > > certain circumstances. Specifically, suppose a market is
> trending
> > > down in waves and the histogram is following suite. I have
> noticed
> > > that (and this is hard to explain) when the MACD histogram
> crosses
> > > the 0 line and exceeds the prior histogram peek, a low is
> probably
> > > in place. How would one generally go about coding for that
> > > scenario? Has anyone seen any "canned" codes that wmight help
> with
> > > this project?
> > >
> > > Thanks in advance.
> > >
> > > Jim
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