[EquisMetaStock Group] Re: Cannot get an indicator to trigger first time around.

["dawsonsg" <dawsonsg@xxxxxxxxxxxxxxx>]

Thanks Jose,

It works great. 

What is Init:=Cum(IsDefined(RoaR))=2; actually saying?

Steve



--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@xxx> 
wrote:
>
> Steve, try something like this:
> 
> ---8<--------------------------------------
> 
> { http://www.metastocktools.com }
> 
> {Indicator user inputs}
> ThresholdBuy:=Input("Buy threshold",0,1000,120);
> ThresholdSell:=Input("Sell threshold",0,1000,80);
> MoneyFlowThreshold:=Input("MoneyFlow 
threshold",0,999999999,1000000);
> pds:=Input("Average V*C periods",1,252,5);
> plot:=Input("plot:  [1]Signals,  [2]RoaR",1,2,1);
> 
> {RoAR Calculation}
> RoaR:=1000*((LinearReg(C,52)-Ref(LinearReg(C,52),-26))/C);
> 
> {Calc bars since crossover}
> Init:=Cum(IsDefined(RoaR))=2;
> BarsSinceBuy:=
>  BarsSince(Cross(RoAR,ThresholdBuy) OR Init);
> BarsSinceSell:=
>  BarsSince(Cross(ThresholdSell,RoAR) OR Init);
> RoARValOK:=RoAR>=ThresholdSell
>  AND (BarsSinceSell>BarsSinceBuy OR Init);
> 
> {Calc average V*C}
> AvVol:=Mov(V,pds,S);
> AvCl:=Mov(C,pds,S);
> VCOk:=AvVol*AvCl>=MoneyFlowThreshold;
> 
> {RoaR signals}
> signals:=Roar*RoARValOK*VCOk;
> 
> {Plot in own window}
> If(plot=1,signals,ThresholdBuy);
> If(plot=1,signals,ThresholdSell);
> If(plot=1,signals,RoaR)
> 
> ---8<--------------------------------------
> 
> 
> jose '-)
> http://www.metastocktools.com
> 
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, Stephen Dawson <dawsonsg@> 
> wrote:
> >
> > Hi Guys,
> > 
> > I have put the following formula in an indicator.It is just the 
Daily 
> > RoAR from Alan Hull.
> > 
> > When the indicator is plotted it only starts plotting after the 
> > ThresholdBuy value has been exceeded and then reduced to less 
than 
> > Threshold Sell. Could someone please let me know how to get this 
> > indicator to plot properly the first time it is triggered as well
> > 
> > Thanks
> > Steve
> > 
> > 
> > {Buy sell Av V*C Thresholds}
> > ThresholdBuy:=120;
> > ThresholdSell:=80;
> > MoneyFlowThreshold:=1000000;
> > 
> > {RoAR Calculation}
> > RoaR:=1000*((LinearReg(C,52)-Ref(LinearReg(C,52),-26))/C);
> > 
> > {Calc Days since the cross over}
> > BarsSinceBuy  := BarsSince(Cross(RoAR, ThresholdBuy));
> > BarsSinceSell := BarsSince(Cross(ThresholdSell, RoAR));
> > RoARValOK:=RoAR>=ThresholdSell And BarsSinceSell>BarsSinceBuy;
> > 
> > 
> > {Calculate the average v * c}
> > AvVol:=Mov(V,5,S);
> > AvCl:=Mov(C,5,S);
> > VCOk:=If(AvVol*AvCl>=MoneyFlowThreshold,1,0);
> > 
> > If(RoARValOK And VCOk,RoAR,0)
>




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