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MSTT is a publication for the MS community that really enables you to
wring the most out of MS. Subscribers also have access to another
meesage board limited to subscribers. Take a look here.
http://www.metastocktips.co.nz/
I was thinking of an indicator where you can plug in dates and values
via an Input function. The line gets drawn, Any information you want
relative to the values on the line are available for calculation. I
don't believe there is a way to plot beyond the "hard right edge" ie
the last bar.
If you coose nottosubscribe, some variation on the following may be
helpful:
http://www.metastocktools.com/MetaStock/2plot.txt
Regards,
Ron
--- In equismetastock@xxxxxxxxxxxxxxx, "macka1147" <john1147@xxx>
wrote:
>
> 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@> 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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