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Hi
I m also having difficulty with a formula
I m trying to put together a simple Darvas Buys and Sells scan with stop losses and some history as to how many days the last signal was and what value the underlying equity was when that signal was given.
So far I have two explorations one for buys and one for sells. I ve tried putting in barsince and the value when the last signal was given
Because I m unable to distinguish what the last signal was, I m getting one value for longs ie the last buy in days and for sells I m getting another value thus the same equity appears on both the sell and buy history list.
Short of just filtering the buys and sells as they are generated in their respective scans is there away of filtering equities so they do not apprear on both lists?
I think what I need is a filtering system that uses what was the last signal
Any ideas?
Bill
Jose Silva <josesilva22@xxxxxxxxx> wrote:
Chorlton, try this indicator code:
===============
Chorlton custom
===============
---8<---------------------------
{ http://www.metastocktools.com }
{ User inputs }
sm:=Input("Starting Month",1,12,1);
sd:=Input("Starting Day of Month",1,31,1);
sy:=Input("Starting Year",1980,2100,2006);
type:=Input("Band type [1]High/Low since day 1, [2]H/L of bar",1,2,
1);
{ Selected date signal }
start:=Year()>sy
OR (Year()=sy AND (Month()>sm
OR Month()=sm AND DayOfMonth()>=sd));
d1:=start AND Alert(start=0,2);
{ Custom plot }
pv:=MP()*Cum(V);
denom:=If(Cum(V)-ValueWhen(1,d1,V)=0,1,
Cum(V)-ValueWhen(1,d1,V));
plot:=If(BarsSince(d1),(pv)/denom,MP());
{ Upper/Lower bands }
Hi:=HighestSince(1,d1,H);
Lo:=LowestSince(1,d1,L);
range:=If(type=1,(Hi-Lo)/2,(H-L)/2);
UpperBand:=plot+range;
LowerBand:=plot-range;
{ Plot on price chart }
UpperBand;LowerBand;plot
---8<---------------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "chorlton_c_hardy"
<micro_dot_uk@xxx> wrote:
>
>
> Hi All,
>
> I'm having a few problems trying to modify an existing indicator and
> would very much welcome any help in solving it.
>
> I currently have the following indicator which plots a line on the
> price chart:
>
> sm:=Input("Starting Month (Month must exist in
> chart)",1,12,1);
> sd:=Input("Starting Day of Month (Day must exist in chart)",1,31,1);
> sy:=Input("Starting Year",1980,2100,2000);
> d1:= sd=DayOfMonth() AND sm=Month() AND sy=Year();
> pv:=MP()*Cum(V);
> denom:=If(Cum(V)-ValueWhen(1,d1,V)=0,1,Cum(V)-ValueWhen(1,d1,V));
>
> If(BarsSince(d1),(pv)/denom, MP())
>
>
> What I would like to do is add 2 further lines which will act as an
> UPPER and a LOWER band.
>
> The Upper band should be the value of the above indicator PLUS the
> difference between the HIGH & LOW for the same period divided by 2.
> (ie. Value for above indicator + (HIGH-LOW)/2
>
> The Lower band should be similar to the above but instead of adding
> the (HIGH-LOW)/2 it should be deducted.
>
> I hope this makes sense :-/
>
> Any help much appreciated........
>
> Many Thanks,
>
> Chorlton
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