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Brett,
Not really familiar with the indicator but it appears pretty straight
forward.
As far as being able to do this in metastock, it would require the
calculation of a prime number. That function is not part of the
metastock arsenal. There are some formulas for deriving a prime by
using a mod function and that we do have, so it could be done.
A DLL would also be another way to accomplish the prime calculation
but I am unaware of any that do this.
So you would need some noble individual willing to take on the task.
>From my perspective I don't see any benefit to using prime numbers,
especially when you consider that there are so many other band
indicators that could be used.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, Brett Sinclair
<brett_j_sinclair@xxx> wrote:
>
>
> Is anyone familiar with the Prime Number Bands indicator?
>
> The definition is as follows: identifies the nearest prime number
for the high and low; and plots the two series as bands.
>
> It appears to be a new approach to 'Darvas boxes' and looks quite
intersting as a set-up for a reversal in trend.
>
> Thanks, Brettiidentifies the nearest prime number for the high and
low and plots the two series as bandsdentifies the nearest prime
number for the high and low and plots the two series as bands
>
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