|
PureBytes Links
Trading Reference Links
|
This can be done easily in MetaStock with a little bit of time & effort.
Try this basic code, and adapt to own use:
---8<-----------------------------
{ Custom indicator v1.0
http://www.metastocktools.com }
{ User inputs }
pds1:=Input("SMA 1 periods",1,252,5);
pds2:=Input("SMA 2 periods",2,2520,21);
type:=Input("use: [1]Price(Low), [2]Stoch(5,3)",1,2,1);
plot:=Input("plot: [1]Lows, [2]Signals",1,2,1);
{ Indicators }
SMA1:=Mov(C,pds1,S);
SMA2:=Mov(C,pds2,S);
{ Data array }
dat:=If(type=1,L,Stoch(5,3));
{ SMA crossover signals }
entry:=Cross(SMA1,SMA2);
exit:=Cross(SMA2,SMA1);
signals:=entry-exit;
{ Price lows at crossovers }
Lo1:=ValueWhen(1,entry,LowestSince(1,entry,dat));
Lo2:=ValueWhen(1,entry,LowestSince(2,entry,dat));
{ Plot price lows on chart, all else in own window }
If(plot=1,Lo1,0);
If(plot=1,Lo2,signals)
---8<-----------------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, chris butler <timbuktu66@xxx>
wrote:
>
> does anyone know how to go about finding swing tops
> and bottoms of price and an indicator without zig-zag?
>
>
> here's what i'm trying to do:
>
> find the low in price between the points of crossing
> down and up of two moving averages. that, in and of
> itself is not difficult. but finding that most recent
> low, defined by crossovers and the *previous* low from
> the crossovers is the problem.
>
> in addition, i want to use the same moving average
> crossovers to give the values of the two most recent
> lows in a stoch(5,3).
>
> i hope to do the same for highs as i'm doing for lows.
> in other words i'm looking for divergence where the
> periods in which to select highs and lows is defined
> by moving average crossovers.
>
> any help would be greatly appreciated.
>
> "The gods, too, are fond of a joke." - Aristotle, 582 B.C.
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|