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thanks jose!
that certainly does the trick. your code is very
similar to what i wrote, but yours actually works.
thanks again!
--- Jose Silva <josesilva22@xxxxxxxxx> wrote:
> 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.
>
>
>
>
"The gods, too, are fond of a joke." - Aristotle, 582 B.C.
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