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Dear Preston,
Outstanding...the thing works perfectly fine. I changed the file name to
forumdll.Latch and it works. Now just a little improvement is needed and
that is supposing after a buy signal is generated ..is there any way we can
find out what will be stop loss rate for next day. Maybe we can draw a
trailing line or maybe it can show in commnetary box that stop for tomorrow
is such and such rate. I understand the rate will change with each passing
day.
To know the stop loss will help us . Let me explain with example:-
Supposing I buy Share of COmpany XYZ at RS 100 after the buy signal is
generated. After three months share price touches 300. Now next day I want
to put a stop loss order as i think the share price can tank. So how will i
know what is the 25 days lowest which will be its stop loss level. WE can do
two things..either there should be a line like in moving averages that will
continously tell us about stop loss level or we can put that value in
commnetary box.
Let me know what you think. And once again Preston thanks for your immense
help.
Sunil gupta
On 6/4/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> Sunil,
>
> Not a big problem.
>
> One of two problems and there are several ways to fix it. There were
> two DLL files in the folder, one that Roy had uploaded and one that
> I uploaded. Either you uploaded the wrong one or I wrote the
> indicators based on the wrong one.
>
> Here are the two DLL calls:
>
> ExtFml( "Forum.Latch", LE, LX, SE, SX)
> ExtFml( "ForumDLL.Latch", LE, LX, SE, SX)
>
> Notice that the only difference are the words "Forum.Latch"
> and "ForumDLL.Latch"
>
> You can either upload the other DLL or change the formulas to:
>
> Tr:=ExtFml("ForumDLL.Latch",N,X,0,0);
> Ex:=ExtFml("ForumDLL.Latch",X,N,0,0);
>
> This should fix the problem. If not let me know.
>
> Preston
>
> --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>,
> "SUNIL gupta"
> <sunilgupta72@xxx> wrote:
> >
> > Preston,
> >
> > I am having problems installing it. It gives message This DLL does
> not Exist
> > in MSX DLL folder (forum.latch)
> >
> > Sunil
> >
> >
> > On 6/4/07, pumrysh <no_reply@xxxxxxxxxxxxxxx<no_reply%40yahoogroups.com>>
> wrote:
> > >
> > > 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<equismetastock%40yahoogroups.com><equismetastock%
> 40yahoogroups.com>,
> > > "SUNIL gupta"
> > > <sunilgupta72@> wrote:
> > > >
> > > > I have DLL installed and it shows In my indicator builder
> > > >
> > > > Sunil
> > > >
> > > >
> > > > On 6/2/07, pumrysh <no_reply@xxxxxxxxxxxxxxx<no_reply%40yahoogroups.com>
> <no_reply%
> 40yahoogroups.com>>
> > > 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>
> <equismetastock%
> 40yahoogroups.com><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>
> <no_reply%
> 40yahoogroups.com>
> > > <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]
> > > >
> > >
> > >
> > >
> >
> >
> >
> > --
> > Sunil Gupta
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
>
>
--
Sunil Gupta
[Non-text portions of this message have been removed]
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