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Kevin
You may see a peak today (just formed) together with the corresponding
signal of yours. The problem is that since the peak is revisable the
signal is revisable too, so it may disappear tomorrow and re-appear 5
days later.
But maybe I didn't understand you well, in which case please explain
once more.
Spyros
Message: 10
Date: Tue, 07 Oct 2003 18:21:32 +0100
From: Kevin <kevin_barry@xxxxxxxxxxxxxx>
Subject: Help Appreciated With Peak (& Trough) Indicators
Hello,
I've been gazing at this for so long that I'm not seeing it anymore.
I am creating a divergence exploration. In order to ensure that my
signals
will work as intended, I plot the indicator(s) on a chart and run a
system
test which contains the syntax that I will later use in my exploration.
Usually, entry signals are generated where my chosen indicator values
converge which is what I would expect.
I wish to use the Peak function which, as the manual states, uses the
Zigzag function.
So, I have plotted the Zigzag indicator on my chart with the following
properties: Price field: High; Reversal amount: 5; Method: percent.
In the System Tester, I say enter short when Peak(1,H,5) > Peak(2,H,5).
I
am using no other parameters and I have set an exit that takes me out a
few
bars later.
When I run the System Test, the entry symbols appear seemingly at
random,
certainly nowhere near the Zigzag tops which is what I would have
expected.
Am I missing something here?
Any help appreciated.
Regards,
Kevin
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