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[EquisMetaStock Group] The ultimate signals indicator



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... And this indicator version always plots a signal on the last 
(current) data bar.


========================
Peaks & Troughs - ZigZag
========================
---8<-------------------------------

{ ZigZag-based Peak & Trough signals.

  Warning: Do not trade!
   All signals plotted in hindsight,
   last signal is dynamic.

 ©Copyright 2004~2006 Jose Silva.
  The grant of this license is for personal use
   only - no resale or repackaging allowed.
  http://www.metastocktools.com }

{ User input }
MinCh:=Input("Minimum % change (0.01%-100%)",
 0.01,100,8);

{ Peaks/Troughs }
zz:=Zig(C,MinCh,%);
Pk:=zz=C AND zz>Ref(zz,-1);
Tr:=zz=C AND zz<Ref(zz,-1);

{ Plot signals in own window }
Tr-Pk

---8<-------------------------------


jose '-)
http://www.metastocktools.com




--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@xxx> 
wrote:
>
> 
> You mean... "Forex Traders Advantage" uses hindsight-based signals 
> which disappear with time?
> Tell me it ain't so... <8-(
> 
> For members that may not follow the idea, here's a perfect example
> of fantastic signals that appear in hindsight:
> 
> ---8<-----------------------
> MinCh:=Input("Minimum % change (0.1%-100%)",0.01,100,8);
> Pk:=PeakBars(1,C,MinCh)=0;
> Tr:=TroughBars(1,C,MinCh)=0;
> Tr-Pk
> ---8<-----------------------
> 
> 
> jose '-)
> http://www.metastocktools.com
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "paulyes" <paulyes@> wrote:
>
> Come on Jose, if equis sells something like Forex Traders
> Advantage, why do u bother to say that zig zag or peak functions
> are not suitable for signals. ;)
> 
>  
> 
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx 
> On Behalf Of Jose Silva
> Sent: Saturday, October 21, 2006 12:54 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Help with formula
>  
> 
> 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@ <mailto:equismetastock%40yahoogroups.com>
> yahoogroups.com, "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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