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Re: [EquisMetaStock Group] Explorer results different from plotted indicator



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Hi Adrian


Your problem is most likely caused by the "Minimum records" setting for
the Explorer. Set the number of bars scanned to the same as for each chart,
or at least five time longer than the smallest "periods" value of any EMA or
function using an EMA (such as RSI() or Wilders() ).

An exponential moving average uses fragments of ALL data available, not
just the "periods" value. A chart and an exploration can return quite different
values because the EMA is calculated using different amounts of data.


Kind regards

Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links





----- Original Message ----- 
From: "adrian_neave" <adrian_neave@xxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 07, 2005 4:45 AM
Subject: [EquisMetaStock Group] Explorer results different from plotted indicator


> When I run an Exploration using one of my custom indicators the
> results differ from the values given if I plot the indicator, leading
> to false signals. How can Metastock calculate two different values for
> the same indicator?
> 
> Apologies for posting this as I think I have read of this problem
> before but I can't find it using the search.
> 
> Thanks for enlightenment in advance.
> 
> Adrian
> 
> 
> 
> 
> 
> 
> 
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