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Rick,
Its not about speed.
Its all about what you can demonstrate on a chart by using it.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "Richard Briggs"
<richardwbriggsjr@xxx> wrote:
>
> 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@>
> > 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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