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



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Dear Preston,

I think there is some minor problem. When i meant 50 days highest high or 25
days lowest low ( by 50 and 25 i meant last 50 trading sessions and last 25
trading sessions)..in stop loss indicator i have noticed that instead of 25
trading sessions it is taking 25 days i.e 25 calendar days including
saturday sunday....please check

Sunil


On 6/5/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
>   Sunil,
>
> You have been a good student!
>
> Here is a stop to place on the chart:
>
> {Sunil Stop}
> X:=LLV(L,25){exit signal};
> x;
>
> I'll put together a commentary and place it in the files section
> shortly. It will require that all indicators are in the indicator
> list and labeled just as they have been in the text.
>
> Preston
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>,
> "SUNIL gupta"
> <sunilgupta72@xxx> wrote:
> >
> > 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<no_reply%40yahoogroups.com>>
> 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><equismetastock%
> 40yahoogroups.com>,
> > > "SUNIL gupta"
> > > <sunilgupta72@> 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>
> <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><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>
> > > <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><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>
> > > > > <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]
> >
>
>  
>



-- 
Sunil Gupta


[Non-text portions of this message have been removed]



 
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