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Hi Jose
I am from India,recently started using Metastock 8.0.
Finding difficult handling. Downloaded and loaded many
indicators, experts & explorations from net can u help
me further?
Sunando
--- Jose Silva <josesilva22@xxxxxxxxx> wrote:
> Due to the incredible response to the Ellipse
> indicator series (at
> least two replies), below is the final indicator in
> the Ellipse
> trilogy: triple Boxed Ellipse.
>
> Note the re-use of variables to allow MetaStock to
> use 60 variables
> (x3 maximum).
>
>
> MetaStock -> Tools -> Indicator Builder -> New ->
> Copy and paste complete formula between "---8<---"
> lines.
>
> ==============
> Boxed Ellipses
> ==============
> ---8<--------------------------
>
> { Boxed Ellipses v2.0
> Box: High & Low of selected period.
> Ellipse: plots within Box boundaries.}
> { ©Copyright 2005 Jose Silva
> For personal use only.
> http://www.metastocktools.com }
>
> pds1:=Input("Ellipse/Box width periods",
> 2,2600,40);
> pds2:=Input("Ellipse/Box separation periods",
> -26000,2600,5);
> plot:=Input("plot: [1]Box, [2]Ellipse,
> [3]Both",1,3,3);
> pds2:=LastValue(If(pds2<=-pds1,-pds1+1,pds2));
>
> { Box & Ellipse 1 }
> p2:=pds2;
> p1:=pds1+p2;
> start:=Cum(1)=LastValue(Cum(1))-p1;
> end:=Cum(1)=LastValue(Cum(1))-p2;
> restrict:=Ref(Ref(ValueWhen(1,start,1),-p2),p2);
> Hi:=LastValue(Highest(ValueWhen(1,restrict,H)))
> +restrict-1;
> Lo:=LastValue(Lowest(ValueWhen(1,restrict,L)))
> +restrict-1;
> top:=If(start OR end,Lo,Hi);
> bot:=If(start OR end,Hi,Lo);
>
> midX:=(p1-p2)/2;
> midY:=(Hi-Lo)/2;
> tX:=Cum(1)-midX-(LastValue(Cum(1))-p1);
> ellipse:=
> Sqrt(midY*midY*(1-Min(tX*tX/midX/midX,1)));
> upperE:=Lo+midY+ellipse;
> lowerE:=Hi-midY-ellipse;
>
> If(plot=2,upperE,Hi);
> If(plot=2,lowerE,Lo);
> If(plot=2,upperE,top);
> If(plot=2,lowerE,bot);
> If(plot=1,top,upperE);
> If(plot=1,bot,lowerE);
>
> { Box & Ellipse 2 }
> p2:=p1+pds2;
> p1:=pds1+p2;
> start:=Cum(1)=LastValue(Cum(1))-p1;
> end:=Cum(1)=LastValue(Cum(1))-p2;
> restrict:=Ref(Ref(ValueWhen(1,start,1),-p2),p2);
> Hi:=LastValue(Highest(ValueWhen(1,restrict,H)))
> +restrict-1;
> Lo:=LastValue(Lowest(ValueWhen(1,restrict,L)))
> +restrict-1;
> top:=If(start OR end,Lo,Hi);
> bot:=If(start OR end,Hi,Lo);
>
> midX:=(p1-p2)/2;
> midY:=(Hi-Lo)/2;
> tX:=Cum(1)-midX-(LastValue(Cum(1))-p1);
> ellipse:=
> Sqrt(midY*midY*(1-Min(tX*tX/midX/midX,1)));
> upperE:=Lo+midY+ellipse;
> lowerE:=Hi-midY-ellipse;
>
> If(plot=2,upperE,Hi);
> If(plot=2,lowerE,Lo);
> If(plot=2,upperE,top);
> If(plot=2,lowerE,bot);
> If(plot=1,top,upperE);
> If(plot=1,bot,lowerE);
>
> { Box & Ellipse 3 }
> p2:=p1+pds2;
> p1:=pds1+p2;
> start:=Cum(1)=LastValue(Cum(1))-p1;
> end:=Cum(1)=LastValue(Cum(1))-p2;
> restrict:=Ref(Ref(ValueWhen(1,start,1),-p2),p2);
> Hi:=LastValue(Highest(ValueWhen(1,restrict,H)))
> +restrict-1;
> Lo:=LastValue(Lowest(ValueWhen(1,restrict,L)))
> +restrict-1;
> top:=If(start OR end,Lo,Hi);
> bot:=If(start OR end,Hi,Lo);
>
> midX:=(p1-p2)/2;
> midY:=(Hi-Lo)/2;
> tX:=Cum(1)-midX-(LastValue(Cum(1))-p1);
> ellipse:=
> Sqrt(midY*midY*(1-Min(tX*tX/midX/midX,1)));
> upperE:=Lo+midY+ellipse;
> lowerE:=Hi-midY-ellipse;
>
> If(plot=2,upperE,Hi);
> If(plot=2,lowerE,Lo);
> If(plot=2,upperE,top);
> If(plot=2,lowerE,bot);
> If(plot=1,top,upperE);
> If(plot=1,bot,lowerE)
>
> ---8<--------------------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
>
>
>
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