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A much simpler way of identifying supports/resistances on the charts would be to use a high/low zigzag, and mark off the highs lows.
=========
Per1:=Input("1st swing",0.1,50,5);
A:= If( Rally(), HIGH,
If( Reaction(), LOW,
If( Outside(), If( Ref(Rally(),-1), HIGH, LOW ),
If( Inside(),
If( Ref(Rally(),-1), Ref(HIGH,-1)-0.001, Ref(LOW,-1)+0.001 ), P
))));
B:= Zig(A,(Per1),%);
Lo1:= ValueWhen( 1, B = LLV(B,3), L) ;
Hi1:= ValueWhen( 1, B = HHV(B,3), H) ;
{Optional}B; Lo1; Hi1;
===============
Dusant
----- Original Message -----
From: Lars Widlund
To: equismetastock@xxxxxxxxxxxxxxxx
Sent: Sunday, July 09, 2006 1:43 PM
Subject: RE: [EquisMetaStock Group] Multiple MA in an indicator
Lionel.
I will take a look at his site and see if I can
find the indicator. With so many MA´s it is much
easier to se were the support and resistanse is in a chart.
Lars
At 02:26 2006-07-09, you wrote:
>Lars:
>
>Look up Daryl Guppy’s web site. He has a multiple moving average indicator
>for Metastock.
>
>Why use so many moving averages? Wouldn’t 2 or 3 give you all the
>information that you need (long intermediate and short)?
>
>Lionel
>
>_____
>
>From:
><mailto:equismetastock%40yahoogroups.com>equismetastock@xxxxxxxxxxxxxxx
>[mailto:equismetastock@xxxxxxxxxxxxxxx]
>On Behalf Of Dusant
>Sent: Saturday, July 08, 2006 5:32 AM
>To: <mailto:equismetastock%40yahoogroups.com>equismetastock@xxxxxxxxxxxxxxx
>Subject: Re: [EquisMetaStock Group] Multiple MA in an indicator
>
>Hello Lars,
>
>Write all the MA indicators, plot it on a chart, and save it as your default
>template. Then we do not have to do it repeatedly. It is not possible to do
>a looping in Metastock.
>
>We have to learn with the limitations of Metastock. :)
>
>Dusant
>
>----- Original Message -----
>From: Lars Widlund
>To: equismetastock@ <mailto:equismetastock%40yahoogroups..com>
>yahoogroups..com
>Sent: Saturday, July 08, 2006 2:14 PM
>Subject: Re: [EquisMetaStock Group] Multiple MA in an indicator
>
>Dusant.
>I did so to, but then I need to do 7 indicators
>for 252 MA´s. What I look for is a way to write
>one indicator in which I can change the method
>for the MA´s. With your suggestion I have to
>write 7 indicators for each method and do several templates.
>
>Lars
>
>At 16:28 2006-07-07, you wrote:
>
> >Lars
> >
> >Just right an indicator for all the two hundred
> >and fifty two moving averages which you want.
> >mov(c,2,s);
> >mov(c,3,s);
> >
> >till you reach the limit of the indicator text space,
> >
> >Dusant
> >
> >----- Original Message -----
> >From: Lars Widlund
> >To: <mailto:equismetastock%40yahoogroups..com>equismetastock@
><mailto:equismetastock%40yahoogroups..com> yahoogroups..com
> >Sent: Friday, July 07, 2006 6:41 PM
> >Subject: [EquisMetaStock Group] Multiple MA in an indicator
> >
> >
> >Hello.
> >Does anyone know how to write an indicator that
> >display 252 MA´s in a chart? As it is now I have
> >to drag all MA´s in to a chart and then save it
> >as an template. But I want to change the method
> >of the MA´s and don´t want to do one template for each method.
> >
> >Sincerely.
> >Lars
>
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