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[EquisMetaStock Group] Re: new indicator needed...help



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Sunil,

Outstanding! The fact that it shows in the builder means that it 
should be working. 

The expert is in the files section under Sunil Turtle.

Let me explain why I chose to use a DLL. Typically in Metastock we 
are limited in our ability to choose a value based on anything other 
than a constant. We can assign or select a value but if the value is 
to change from one bar to the next we cannot do that. An example 
would be a moving average that uses variable lookback periods. Say 
that instead of a 10 day MA, we instead wanted a RSI(14)day MA. 
Meaning the value of the lookback might be 10 today because the RSI
(14) is 10 but tomorrow if the RSI(14) is 20 then our MA lookback 
would also be 20. This can only be done by using a DLL or in some 
cases with a prev value which is so slow that our calculations would 
be extremely slow.

The expert that I have written will give you a signal indicator for 
your chart, as well trend, highlight, and buy/sell symbols for the 
expert. It uses the forum latch indicator. Trends(Tr) give a 
constant signal while bar signals(Nbar,Xbar) give a single event 
signal.

Give this a test run and let me know what you think.


Preston
     



--- In equismetastock@xxxxxxxxxxxxxxx, "SUNIL gupta" 
<sunilgupta72@xxx> wrote:
>
> I have DLL installed and it shows In my indicator builder
> 
> Sunil
> 
> 
> On 6/2/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
> >
> >   Sunil,
> >
> > I'm actually waiting on you. You are going to need to have the 
DLL
> > uploaded and working.
> >
> > Preston
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%
40yahoogroups.com>,
> > "SUNIL gupta"
> > <sunilgupta72@> wrote:
> > >
> > > PReston,
> > >
> > > Thanks for the help. After reading that manual i think after 
some
> > practice i
> > > will be able to make quite a lot of formula.
> > > AND how are we moving with the advisor?...I just cant express 
in
> > words the
> > > help you have been and knowledge that i am getting from reading
> > various
> > > mails and manuals here.
> > >
> > > Thanks
> > >
> > > Sunil
> > >
> > >
> > > On 6/2/07, pumrysh <no_reply@xxxxxxxxxxxxxxx<no_reply%
40yahoogroups.com>>
> > wrote:
> > > >
> > > > Sunil,
> > > >
> > > > We're getting very close now. Need to do a few more things 
though
> > > > before we go any further.
> > > >
> > > > First, I want you to go to the files section and retrieve 
several
> > > > things.
> > > >
> > > > 1. Using Latches in MS doc by Roy Larsen
> > > > 2. Equis Forum DLL...this will be inside the folder and is 
the one
> > > > that Roy placed there. While you are there get the DLL users
> > manual.
> > > >
> > > > Then I want you to study them a bit so that you understand 
how
> > they
> > > > work.
> > > >
> > > > The Metastock community is truly fortunate to have a gift in 
the
> > > > talents of Roy and learning about latches and dll's will 
take you
> > to
> > > > another level of capabilities. Roy invented latches to 
accomplish
> > > > exactly what you are trying to do. Study these documents! 
They are
> > > > going to be extremely useful.
> > > >
> > > > I'll have an expert for you in just a day or so. In the 
meantime
> > do
> > > > your homework.
> > > >
> > > > Preston
> >
> > 
> >
> 
> 
> 
> -- 
> Sunil Gupta
> 
> 
> [Non-text portions of this message have been removed]
>




 
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