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Hi Mr.Joe,
Thanks for the reply, I do know that zigzag is a dynamic indicator.
Could u please help with coding of the reverse of the formula below.
Thanks
Prashanth
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxx> wrote:
>
> The ZigZag function is dynamic - i.e., its last-leg plot changes
in
> retrospect. It is not suitable for generating buy/sell signals.
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "scorp1375" <scorp1375@>
> wrote:
> >
> > I have formula for zigzag Combined with MACD Buys...But I want
to
> > write the reverse version of it...I mean I want write sell
> > formula...Would u pls help...
> >
> > here is the buy signal formula...But I need sell signal formula..
> >
> > Cross(
> > -0.1,If(LLV(If(Abs((Ref(C,-1) - Ref(Zig(C,12,%),-1))),>,0,0,1) *
> > (If(Ref(Zig(C,12,%),-3),<,Ref(Zig(C,12,%),-4),1,0)) * (-
1),14),<,-
> 0.5,-
> > 1,0) *
> > If(MACD(),>=,Mov(MACD(),6,E),1,0))
> >
> >
> > Thanks
>
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