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Re: [Metastockusers] Re: Reference function



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Hi Warren

> It's 9PM here in SF so it must be late morning by you?  Amazing...

It's now just after 4.30 on Monday afternoon.
 
> 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?  

The formulas should run as indicators, with the noted effect that the last bar
won't plot.Explorations won't run with forward references.

I'd have to question whether the code is a typo. Usually someone that uses
one forward reference tends to use others as well. I'm not familiar enough
with the formulas to make a judgement on whether it's a typo or not. I
would go looking for another source for the code.

It's not difficult to reallign the code by increasing all bacward reference by
the required amount (from -1 to -2 for example), reducing all forward
references by 1 (from +1 to 0) and add a backward reference if none
already (from C to Ref(C,-1). This seems like a lot of work for code that
might just have a typo.

Hopefully there's someone out there that can put you right.


> Thanks again
> Love the lamb

I wondered where all the good lamb was going to :-)

Regards

Roy


> 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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>> >
> 
> 
> 
> 
> 
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