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Hello Roy
It's 9PM here in SF so it must be late morning by you? Amazing...
Thanks for your reply. I think I kinda understand that trying to use
a positive number in that formula ain't worth it's use. Any simple
suggestions as what to substitute in that line of code so that the
rest of the formula (like 13 conditions) could still run?
Thanks again
Love the lamb
WarrenPeace2001
--- In Metastockusers@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> Hi warren
>
>
> Code with a forward reference plots all bars except the relevant
number of
> "look forward" bars at the right side of a chart. Some users assert
that this
> can be useful for spotting patterns. My personal view is that you
should not
> use a forward reference, Ref(X,+Y), until you have the ability to
accurately
> read the future.
>
> This function works in MetaStock because it "cheats" and looks at
later data
> for the selected data array, in much the same way that the ZigZag
function
> does. Looking forward has it's uses but one should only use the
capability with
> an understanding that of the inherent dangers. A forward reference
can be
> useful in truncating an indicator plot to the right just as
ValueWhen() can to the left.
>
>
> Kind regards
>
> Roy Larsen
> www.metastocktips.co.nz
> Free formulas and MS links
>
>
>
>
>
> ----- Original Message -----
> From: "Warren" <Cool_kat79@xxxx>
> To: <Metastockusers@xxxxxxxxxxxxxxx>
> Sent: Monday, May 02, 2005 11:12 AM
> Subject: [Metastockusers] Reference function
>
>
> > Hello. I am kind of new to MEtastock programming and I was
looking
> > through some code that look interesting. It's the Tom Demark
> > sequential code I've seen posted around the internet.
> >
> > TD1:=If(C<Ref(C,-4),1,0);
> >
> > TD2:=If(TD1=1 AND Ref(TD1,-1)=1 AND Ref(TD1,-2)=1 AND Ref(TD1,-3)
=1
> > AND Ref(TD1,-4)=1 AND Ref(TD1,-5)=1 AND Ref(TD1,-6)=1 AND Ref
(TD1,-7)
> > =1 AND Ref(TD1,-8)=1, 1,0);
> >
> > TD3:=If(Ref(C,-9)>=Ref(C,-13),1,0);
> >
> > TD4:=If(TD2=1 AND TD3=1,1,0);
> >
> > TD5:=If(H>=Ref(LLV(L,5),-3),1,0);
> >
> > now I'm okay with all the formulas to this point...
> > I don't understand the following:
> >
> > D8:=If(Ref(TD4,1)=1 AND TD5=1,1,0);
> >
> > It's the Ref(TD4,1)=1 I don't understand. THe manual sez it
> > references a previous or subsequent element in the data array. A
> > positive Period references n periods in the future; a negative
period
> > references n periods ago.
> >
> > I guess what I can't seem to understand is how does one reference
a
> > period in the future that hasn't happened yet. Or - how does a
> > formula refer to a formula in the future.
> >
> > Any help would be most welcome
> >
> > thanks
> >
> > Warren Peace2001
> >
> >
> >
> >
> >
> >
> > ------------------------------------------------------------------
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