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Carl,
If you are not set on Metastock, Investor
R/T from www.linnsoft.com has the three
line break indicator as a default and it is easily modified for various parameters
and takes one line of code to make it into a trading signal. Here is a sample
chart. The price has signal markers based on TLB and you can create an
oscillator as well as shown in the indicator pane.
<img border=0 width=811 height=605
id="_x0000_i1029" src="jpg00001.jpg">
Duke Jones, CMT
Longboat Global
Advisors, LLC
www.longboatglobal.com
www.sectorrotationfund.com
<span
>-----Original Message-----
From: Carl Vanhaesendonck
[mailto:carlvan@xxxxxxxxx]
Sent: Saturday, January 17, 2004
8:23 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Three Line Break
formula for Metastock ?
<span
>
<span
>I am sometimes trading the 3 line break system based
on Steve Nison <span
>
book. As you might know, this is a very simplistic
system, based
only on price behaviour. I trade it visually.
I am considering purchasing Metastock RT, but have
been told that,
while one can chart 3-line-break charts in MS, it
is not possible to
build a system on it, because there are simply no
formula for 3-line-
break.
As I am not an expert in programming, could you
please help: perhaps
one of you already created this formula/system, or
could forward me
to a Metastock solution developer.
Any help highly appreciated.
Happy trading
Carl
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