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RE: Setting colour on a multi-plot indicator



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J.

Hint taken.

We have been exploring this possibility for quite awhile.  It MAY possibly
show up in a future version, but I'm making no promises.  The problem with
adding the capability to manipulate attributes in a formula (color, style
etc) is that it will slow down the native number crunching capability of the
formulas.

If we add this ability to the formula language, it will only be done if we
can minimize the impact on basic mathematical operation performance.

Ken Hunt
Programming Manager
Equis International


-----Original Message-----
From: j seed [mailto:jseed_10@xxxxxxxxxxx]
Sent: Thursday, December 21, 2000 12:05 AM
To: metastock@xxxxxxxxxxxxx
Subject: RE: Setting colour on a multi-plot indicator


Dave,
I am completely lost with your explanation. I know that I can plot a 
multicolored oscillator...green for increasing and red for declining simply 
by using an if statement to plot or not plot(value zero). This works with an

oscillator simply because I can plot to a value of zero. I can also plot a 
third indicator simply by adding a moving average into the formula. This 
still requires that I manually select the colors that I desire for each and 
yes I can simply this operation by assigning all of this to a template. 
But...I still cannot assign the color in the formula which is what I thought

the question was(wouldn't that be nice! Metastock can you take a hint?). 
Beyond this point your explanation has me lost. So...if you don't mind would

you give us some more detail?

J.


>From: Dave Nadeau <dave_nadeau@xxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: RE: Setting colour on a multi-plot indicator
>Date: Wed, 20 Dec 2000 23:18:50 -0700
>
>Bill,
>
>There is a faster way.  You'll need to use a very structured approach.
>
>Start with a custom formula with three lines which are something like this:
>
>LineA:=<time period one>;
>LineB:=<time period two>;
>LineC:=<time period three>;
>Mov(C,LineA,S); Mov(C,LineB,S);Mov(C,LineC,S)
>...
>
>You can later change these to OPT1, OPT2, and OPT3 in your system test.
>
>Build your next formula based on the first, and give signals for enter, 
>short, exit, etc. as 1,2,3,4 or something like that.
>Then a third formula(Indicator3), based on the second, would use 
>Barssince(<your long signal>)<Barssince(<your short signal>) AND
>Barssince(<your long signal>)<Barssince(<your exit signal>) = 1 for long or

>=-1 for short and =0 for out.
>
>Then you can create a fourth custom indicator based on this, the equity 
>line.   This one says, Cum(If(Indicator3=1,Open-Ref(Open,-
>1),If(Indicator3=-1,-1*(Open-Ref(Open,-1),0).
>
>Now you've got four indicators based on those three variable definitions 
>which are easy to change.  You can run an exploration with
>this equity line to guage the performance across a portfolio of stocks.
>
>You can write an expert that is based on the formulas and a template.  Your

>arrows for exits and entries as well as the lines
>themselves will adjust whenever you go back to adjust those three first 
>lines of the first indicator.
>
>You can also run a new exploration once you've adjusted those three values 
>in the formula.  You can do this as many times as you'd
>like.
>
>I hope this explanation makes sense.  I'm happy to clarify.  It is quicker,

>but still has some manual steps.
>
>Dave Nadeau
>Fort Collins, CO
>
>12/20/00 10:53:21 AM, "Bill Irwin" <Bill-Irwin@xxxxxxxx> wrote:
>
> >Thanks Frans & Steve for the suggestion.  Maybe if I'd more fully 
>explained
> >what I'm doing perhaps another method is available, and would be better.
> >I'm working on a System that's based on this triple plot.  I'm going to 
>be
> >optimizing the values of this triple MA and, after the test, observe the
> >most profitable scenario.
> >
> >What I'd really like is for the System tester to plot the triple MA (in 3
> >colours) along with the Buy/Sell/Exit signs so that I can see the MAs
> >crossing at these triggers.  As it is, it appears I'll have to apply the
> >Triple MA Coloured Template, then adjust the lengths of the MAs to match 
>the
> >winning System (after digging into the winning System to see the values 
>of
> >OPT1/2/3 in a window that can't be sized to avoid the extra step and time

>of
> >scrolling).  This doesn't make for a speedy review of a given System 
>across
> >many charts.  Of course, having to run the System test on each individual
> >chart (rather than on a selection, as in an Exploration) is what really
> >takes the time.
> >
> >If there's a faster way of doing this, please advise, and thanks again.
> >
>
>Dave Nadeau
>Fort Collins, CO
>
>
>
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