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The -1 is part of the Ref() function - it delays the signal by one
bar. +1 would move it forward in time.
avg:=(H+L+C)/3; -> Today's average of High+Low+Close (HLC).
Mov(avg,3,S) -> HLC avg of the last three days (days 0-2), including
today.
Ref( Mov(avg,3,S) ,-1) -> HLC avg of the last three days (1-3) prior
to today.
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, MasterJ <rivolena@xxxx> wrote:
>
> Dear Jose,
> i understand the logic beind the ref syntax, but do not understand
> the syntax (,-1) at the end of the formula. Could you please
> elaborate ?What is the difference between -1 or +1
>
> Jose Silva <josesilva22@xxxx> wrote:
>
> avg:=(H+L+C)/3;
> Ref(Mov(avg,3,S),-1)
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Randy Barlow" <rcbarlow@xxxx
> wrote:
>
> How would the following be entered in Metastock Format?
>
> {Avg[H(1),L(1),C(1)} + Avg[H(2),L(2),C(2)] + Avg[H(3),L(3),C(3)]}/3
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