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Thank you for replying Ron
I do not know what MSTT is?
The tool I use now is a simple drag and drop tool I draw a trend line
it calculates the percentages and displays them on the chart which I
can save at will.
I was rather hoping that someone had done it before, for Metastock,
not wanting to reinvent the wheel.
>From your comment it appears that because the target point used is a
projected point in the future Metastock there may be a problem in
calculation?
it does allow placement.
Cheers
John
--- In equismetastock@xxxxxxxxxxxxxxx, "rsb_44" <rsb_44@xxx> wrote:
>
> If you have access to MSTT, recent issues have covered in a fair
> amount of detail the construction of trend lines. You need to be
able
> to
> 1.enter the date and entry price
> 2.enter the date and exit price
> 3.have a line drawn, between points 1. and 2.
> Once that line is drawn, each value of the line is available to be
> used in other calculations.
>
> If the exit date is after the last bar on the chart you may have
some
> difficulty. You may be able to work around that by selecting an
> earlier value on the line before the last bar as the end point and
> use the date of that value...
>
> Regards,
> Ron
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "macka1147" <john1147@>
> wrote:
> >
> > Hi All
> >
> > Is there a tool available that can do the following?
> >
> > Hand draw a trendline on the chart, let the start be the entry
> price
> > and the finish be the exit price at a particular date. (points
set
> by
> > the user)
> >
> > after the Line is placed can the tool display the number of days
> the
> > percent change and the earnings per day.
> >
> > The above to be saved with the chart.
> >
> > I do a lot of manual chart reading and this feature would be very
> > usefull. Another trading package I use has it and it saves a lot
of
> > time.
> >
> > All things being equal, Technical Fundamental and Risk Earnings
per
> > day is the final selection Test.
> >
> > Cheers
> >
> > Macka
> >
>
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