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[Metastockusers] Re: WEEKLY INDICATOR



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OK Roy,

I have gone thru the formula many times and as far as I can see I have
done everything correctly. I substituted the E for a U but the daily
plot and weekly plot don't fit.

Am I missing something obvious?

Cheers

Norman
>   
> 
> Hi Roy,
> 
> I have finished setting up this daily   indicator
> 
> x1:=If(Ref(H,-2),<   ,Ref(C,-7),
> If(Ref(H,-2),<,Ref(C,-8),
> If(H,<,Ref(L,-5),
> If(H,<,Ref(L,-   6),0,1),1),1),1);
> x2:=If(Ref(L,-2),>   ,Ref(C,-7),
> If(Ref(L,-2),>,Ref(C,-8),
> If(L,>,Ref(H,-5),
> If(L,>,Ref(H,-   6),0,1),1),1),1);
> SubValues:=(x1) * (x2) * (H-Ref(H,-2) ) +((x1) * (x2) *  
(L-Ref(L,-2)) );
> AbsDailyVal:=(Abs(H-Ref(H,-2)) +   Abs(L-Ref(L,-2)));
> Sum((SubValues),8) /   Sum((AbsDailyVal),8)
> 
> 
> 
> into a weekly indicator:   
> 
> 
> F:=Input("End of Week, 5=Friday 6=Saturday   7=Sunday",5,7,5);
> Q:=Input("Display Mode, 0=Static 1=Dynamic   2=Test",0,2,1);
> {0=Display, update on Friday when possible}
> {1=Display,   update on each new bar}
> {2=Backtest, update on first bar of new   week}
> G:=LastValue(Highest(Sum(DayOfWeek()=F,5))=5);
> I:=Fml("Calendar   Week counter");
> I:=Abs(I-ValueWhen(2-G,1,I)); M:=G OR I>0;
> F:=G OR   (DayOfWeek()=F AND   I=0);
> A:=LastValue(Cum(1)-1)=Cum(1);
> B:=LastValue(Cum(1))=Cum(1);
> J:=If(F,1,If(Alert(F,2)=0   AND M,2,0));
> J:=If(A+LastValue(J)>2 OR   B+(Q=1)=2,1,J);
> J:=If(G,1,If(Q=2 OR   Cum(J)<=1,M*2,J));
> Hw:=HighestSince(1,M,H);
> Hw:=ValueWhen(1,J,If(J=1,Hw,ValueWhen(2-G,1,Hw)));
> Lw:=LowestSince(1,M,L);
> Lw:=ValueWhen(1,J,If(J=1,Lw,ValueWhen(2-G,1,Lw)));
> Cw:=ValueWhen(1,J,If(J=1,C,ValueWhen(2-G,1,C)));
> Hw:=ValueWhen(1,Hw>0,Hw);
> Lw:=ValueWhen(1,Lw>0,Lw);
> Cw:=ValueWhen(1,Cw>0,Cw);
> 
> A:=If(ValueWhen(3,J,Hw),<   ,ValueWhen(8,Cw>0,Cw),
> If(ValueWhen(3,J,Hw),<,ValueWhen(9,Cw>0,Cw),
> If(Hw,<,ValueWhen(6,J,Lw),
> If(Hw,<,ValueWhen(7,J,Lw),0,1),1),1),1);
> B:=If(ValueWhen(3,J,Lw),>   ,ValueWhen(8,Cw>0,Cw),
> If(ValueWhen(3,J,Lw),>,ValueWhen(9,Cw>0,Cw),
> If(Lw,>,ValueWhen(6,J,Hw),
> If(Lw,>,ValueWhen(7,J,Hw),0,1),1),1),1);
> X:=Cum((J>0)*A);
> Y:=Cum((J>0)*B);
> D:=(X)   * (Y) * (Hw-ValueWhen(3,J,Hw) ) +((X) * (Y)   *
> (Lw-ValueWhen(3,J,Lw)));
> E:=(Abs(Hw-ValueWhen(3,J,Hw) +   Abs(Lw-ValueWhen(3,J,Lw)));
> Sum((D),8) / Sum((E),8)
> 
> 
> As far as I   can see I have done everything correctly however
> metatstock rejects my 2nd   last line
> 
> E:=(Abs(Hw-ValueWhen(3,J,Hw) +   Abs(Lw-ValueWhen(3,J,Lw)));
> Sum((D),8) / Sum((E),8)
> 
> What have I done   wrong?
> 
> Cheers
> 		
> ---------------------------------
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