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

["Mike Sloane" <mfsloane@xxxxxxxxxxxxxx>]

Title: Message

Thanks Roy,

 

Certainly a whole easier and faster than multiple indicators with 12 IF statements in each one.

 

The old KISS principle wins again.

 

Regards,

Mike

 

-----Original Message-----
From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
Sent: Wednesday, 2 March 2005 4:44 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] How many IF() functions can I nest in a custom indicator??

Hi Mike


You could try to do it this way

(DayCount = x1)*y1 + (DayCount = x2)*y2 + (DayCount = x3)*y3 +...


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 6:18 PM
Subject: RE: [EquisMetaStock Group] How many IF() functions can I nest in a custom indicator??


> 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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