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David,
My bad! I wasn't paying attention to what I was doing.
As far as support and resistance indicators this one isn't very
popular for a reason. I don't have the original article but do know
that it was written for TASC back around 1998.
To get the indicator I wrote to work you can use
WSO:=
100*(1+
Int(S1/CLOSE)+
Int(S2/CLOSE)+
Int(S3/CLOSE)+
Int(S4/CLOSE)+
Int(S5/CLOSE)+
Int(S6/CLOSE) )/6);
WSO; {end}
Then do the same with the resistance side.
To get the other indicators to show up just use.
S1;S2;S3;S4;S5;S6;
Instead of WSO for the output. The S1 through S6 and R1 through R6
are support and resistance levels which should go on a price chart.
The WRO and WSO are supposed to be oscillators and should go into
their own window.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, David Brennan
<denver69692002@xxx> wrote:
>
> Thanks, but it still didn't work.
>
> I'm wondering what the "1" is there for anyways in the WSO code.
And the other indicators S1-S6 don't show up on the charts.
>
> --- On Fri, 10/31/08, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> From: pumrysh <no_reply@xxxxxxxxxxxxxxx>
> Subject: [EquisMetaStock Group] Re: Automatic Support and Resistance
> To: equismetastock@xxxxxxxxxxxxxxx
> Date: Friday, October 31, 2008, 1:22 PM
>
>
>
>
>
>
> Big,
>
> Its not in metastock lanquage. Try this:
>
> {WSO}
> S1:= IF(Ref(LOW,- 4)=LLV(LOW, 9),Ref(LOW, -4),PREVIOUS) ;
> S2:= IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S1"),-
1)) ;
> S3:= IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S2"),-
1)) ;
> S4:= IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S3"),-
1)) ;
> S5:= IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S4"),-
1)) ;
> S6:= IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S5"),-
1)) ;
> WSO:=
> 100*(1(Int(Fml( "S1")/CLOSE) +Int(Fml( "S2")/CLOSE) +Int(Fml
( "S3")/CLOSE)
> +Int(Fml("S4" )/CLOSE) +Int(Fml("S5" )/CLOSE)+ Int(Fml("
S6")/CLOSE) )/6);
> WSO; {end}
>
> {WRO}
> R1:= IF(Ref(HIGH, -4)=HHV(HIGH, 9),Ref(HIGH, -4),PREVIOUS) ;
> R2:= IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R1"),-
1)) ;
> R3:= IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R2"),-
1)) ;
> R4:= IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R3"),-
1)) ;
> R5:= IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R4"),-
1)) ;
> R6:= IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R5"),-
1)) ;
> WRO:=
> 100*(1(Int(Fml( "R1")/CLOSE) +Int(Fml( "R2")/CLOSE) +Int(Fml
> ("R3")/CLOSE) +Int(Fml( "R4")/CLOSE) +Int(Fml("R5" )/CLOSE)+ Int(Fml
> ("R6")/CLOSE) )/6);
> WRO; {end}
>
> Preston
>
> --- In equismetastock@ yahoogroups. com, "Big Papa"
> <denver69692002@ ...> wrote:
> >
> > I found the article about Automatic Support and Resistance:
> > Indicators
> >
> > ------------ --------- --------- --------- --------- --------- -
> --
> > -----------
> >
> > S1: IF(Ref(LOW,- 4)=LLV(LOW, 9),Ref(LOW, -4),PREVIOUS)
> > S2: IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S1"),-
1))
> > S3: IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S2"),-
1))
> > S4: IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S3"),-
1))
> > S5: IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S4"),-
1))
> > S6: IF(Fml("S1") =Ref(Fml( "S1"),-1) ,PREVIOUS, Ref(Fml(" S5"),-
1))
> > WSO:
> > 100*(1(Int(Fml( "S1")/CLOSE) +Int(Fml( "S2")/CLOSE) +Int(Fml
> ("S3")/CLOSE)
> > +Int(Fml("S4" )/CLOSE) +Int(Fml("S5" )/CLOSE)+ Int(Fml
> ("S6")/CLOSE) )/6)
> > R1: IF(Ref(HIGH, -4)=HHV(HIGH, 9),Ref(HIGH, -4),PREVIOUS)
> > R2: IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R1"),-
1))
> > R3: IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R2"),-
1))
> > R4: IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R3"),-
1))
> > R5: IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R4"),-
1))
> > R6: IF(Fml("R1") =Ref(Fml( "R1"),-1) ,PREVIOUS, Ref(Fml(" R5"),-
1))
> > WRO:
> > 100*(1(Int(Fml( "R1")/CLOSE) +Int(Fml( "R2")/CLOSE) +Int(Fml
> > ("R3")/CLOSE) +Int(Fml( "R4")/CLOSE) +Int(Fml("R5" )/CLOSE)+ Int
(Fml
> > ("R6")/CLOSE) )/6)
> >
> > As I input it in, I made 6 different indicators, S1-S6, and that
> is
> > all fine. But when I go to put in the WSO as another indicator,
it
> > rejects it as is. It says it is an invalid function name, and the
> > cursor goes to the "1" right after the 100*(.
> > What am I doing wrong? Thanks.
> >
>
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