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Hi Mike
I think MetaStock throws a wobbly when you get to 13 or 14 nested If() functions. If there's a PREV
in the code somewhere then MS will error sooner rather than later. Remember that MetaStock processes
the innermost parentheses first, which means it starts with the innermost If(). I don't think
there's a documented limit, but I take 12 as a practical limit (13 choices?).
Kind regards
Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links
----- Original Message -----
From: "Mike Sloane" <mfsloane@xxxxxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Wednesday, March 02, 2005 10:11 AM
Subject: [EquisMetaStock Group] How many IF() functions can I nest in a custom indicator??
>I am sure someone out there knows the answer off the top of their head.
>
> How many IF() functions can I nest in a custom indicator??
>
> Thanks in advance,
> Mike Sloane
>
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