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Preston,
I'm curious why you consider this a great indicator. I find
the signals to be too slow. Rick.
On 10/31/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> All,
>
> I hope everyone realizes how significant this indicator is!
>
> Prior to this we would typically play hide the value.
> RedGreen Histogram is a good example:
>
> {RedGreen Histogram}
> X:= {your indicator here};
> Green:=If(X>Ref(X,-1),X,0);
> Red:=If(X<Ref(X,-1),X,0);
> Green; Red;
>
> The indicator works because 0 is a value used in the display. In the
> case of the Two-Color SAR though you will notice that we have no
> negative indicator values.
>
> Roy recently shared the process with those members of his newsletter
> in the form of another indicator. The indicator that he used was the
> Heikin-Ashi. The HA requires that you display values for the close
> and open that are different than the data for the day/period. Roy's
> indicator allows you to do this without a DLL or transposing the
> values in Excel. This is just the type of insightful information
> that you can expect to receive with the every issue of the
> publication. If you are not a subscriber then I would strongly
> consider it.
>
> As far as the indicator, this is just the tip of the iceburg when it
> comes to its use. Roy and I have found uses for it that others
> thought impossible. In Roy's case I consider it genius. Mine was
> just luck. Either way ValueWhen is one of those gems that can be
> used to create some really interesting charts.
>
> If you run across some other ideas for its use or just have some
> proposals that you would like to consider, please share them.
>
> Preston
>
> --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>,
> "Roy Larsen" <rlarsen@xxx>
> wrote:
> >
> > Daniel
> >
> >
> >
> > There is a way to plot SAR() with different colors for up and
> down. This method is really only workable with a dotted line style -
> and not with a solid line style. A dotted line only plots on each
> bar and does not connect between bars. That allows the transition
> from "zero to active" or "active to zero" to remain hidden. A solid
> line cannot hide that transition.
> >
> >
> >
> > The following formula generates two SAR outputs. The first output
> plots the SAR when it is less than CLOSE, otherwise it plots zero.
> The second output plots the SAR when it is greater than CLOSE,
> otherwise it plots zero. Each plot can be given the color and style
> of your choice. Remember that a dotted line works best because of
> the "transition" problem with a solid line.
> >
> >
> >
> > If no other outputs were included in the formula then scaling the
> indicator to price would allow the zero segments of each plot to
> severely distort or compress the price bars. This problem is
> overcome by adding an N/A output as the LAST output from the
> indicator. I've used ValueWhen(1,0=1,0) to create this output. This
> output can never be valid because 0 (zero) is never equal to 1
> (one), and I'm using "0=1" is the (non-existent) trigger expression.
> The indicator still remains "scaled" to the price chart but the
> unwanted zero dots are allowed to "float" and disappear from the
> viewing window. Once the indicator has been floated price bars can
> again use the full height of the inner window.
> >
> >
> >
> > In the event that the zero dots reappear at the bottom of the
> window on some charts, and this can happen, an extra valid zero line
> can be created. Giving this zero line a heavy dotted style and the
> same color as the chart background will effectively blank out any
> zero SAR plots that might come into view.
> >
> >
> >
> > Obviously this indicator cannot plot as required when first
> dropped onto a chart - it requires each plot be given the correct
> style and color. If you wanted to use this on every chart then you
> should set up the indicator and then save it as part of your default
> template. That way the two-color SAR will plot correctly as soon as
> you open each chart.
> >
> >
> >
> > {Two-Color SAR}
> >
> > A:=Input("Step value", 0.001,1,0.02);
> >
> > B:=Input("Maximum value",0.01,1,0.2);
> >
> > R:=SAR(A,B);
> >
> > If(R<C,R,0);
> >
> > If(R>C,R,0);
> >
> > {0;}
> >
> > ValueWhen(1,0=1,0);
> >
> >
> >
> > Hope this helps. Please let me know if you have any problems
> making this work.
> >
> >
> >
> >
> >
> > Regards
> >
> >
> >
> > Roy
> >
> > www.metastocktips.co.nz
> >
> >
> >
> >
> >
> > ----- Original Message -----
> > From: danielteokh
> > To: equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>
> > Sent: Tuesday, October 30, 2007 1:10 PM
> > Subject: [EquisMetaStock Group] Parabolic SAR
> >
> >
> > Hi,
> >
> > How can i plot PARABOLIC SAR and make it more colorful, showing
> > different color for up and down ?
> >
> > Thanks.
>
>
>
[Non-text portions of this message have been removed]
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