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Re: [EquisMetaStock Group] magic code



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An XLENT !!! comment from one of the true experts in
this forum.

Sincere thanks - never much enough. I had never
thought about this. This may really spark a series of
"experiments" on MS.

AlexAtreides.

--- Jose <josesilva22@xxxxxxxxx> wrote:
> 
> MetaStock generally reads and processes data from
> left to right.
> 
> MS signals are plotted sequentially in this
> West-East direction, and 
> once any data is plotted on a chart, there is no way
> to coerce 
> MetaStock to go back and erase past signals.
> 
> Or is there...?
> 
> By nesting a couple of hindsight functions such as
> ZigZag() and Peak()
> , this is now possible.
> 
> One of the holy grails of MetaStock coding has been
> to be able to 
> modify past signals, such as (for
> pattern-recognition purposes):
> "Plot last Friday only if following Monday's Close
> is up".
> 
> Here is some magic MS code that will do just that:
> 
> ---8<-----------------
> 
> { Friday signal }
> signal:=DayOfWeek()=5;
> 
> { Monday up on Friday's Close }
> confirm:=DayOfWeek()=1 AND C>Ref(C,-1);
> 
> { Extend signal & confirmation }
> x:=ValueWhen(1,signal OR confirm,signal-confirm);
> 
> { Magic: forget last Friday if Monday is down }
> hindsight:=PeakBars(1,Zig(x,1,$),1)=0;
> 
> { Plot in own window }
> hindsight
> 
> ---8<-----------------
> 
> 
> And here is another bit of magic - detecting and
> plotting true end-of-
> week signals:
> 
> ==========
> Week's end
> ==========
> ---8<---------------------
> 
> { Signals true end of week:
>    confirms signal at start of following week,
>    and signals end of week in retrospect }
> { http://www.metastocktools.com }
> 
> day:=DayOfWeek();
> WeekStart:=day<Ref(day,-1);
> WeekEnd:=PeakBars(1,-Zig(WeekStart-.5,1,$),1)=0;
> 
> WeekEnd
> 
> ---8<---------------------
> 
> 
> jose '-)
> http://www.metastocktools.com
> 
> 
> 
> 
> 
> 
> 


		
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