RE: [EquisMetaStock Group] How many IF() functions can I nest in a custom indicator??

["Mike Sloane" <mfsloane@xxxxxxxxxxxxxx>]

Title: Message

Thanks for the explanation Roy; that explains what I was getting.

 

For some reason I thought it was around 20 and I was using a very simple piece of code to plot a custom indicator (if(DayCount = x1, y1, if( DayCount  = x2, y2 . . .  etc) and it certainly threw a wobbly at 20; just spun the wheels and I evetually had to reboot to get it out of the loop.

 

Regards,

Miike

 

 

-----Original Message-----
From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
Sent: Wednesday, 2 March 2005 10:57 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] How many IF() functions can I nest in a custom indicator??

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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