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Metastock, DOES NOT PLOT FORWARD OF THE CURRENT DATE OR BAR!!!
Only line studies carry forward.
The improper use of forward "+ Ref()" Function will cost you a ton
of money,due to it's lag : which is the amount of Periods that you
Forward Ref.
Henry
--- In equismetastock@xxxxxxxxxxxxxxx, anthony chia
<anthonychiasl@xxxx> wrote:
> Jay,
>
> I don't think your statement is exactly right. I don't think
future values are generated. What + ref. do is to look into future
data with reference to a point in time and does computation with
hindsight for that point in time.
>
> Anthony Chia
>
> JayTownsend@xxxx wrote:
> In a message dated 11/3/2003 4:42:27 AM Pacific Standard Time,
bruce_whitby@xxxx writes:
> In essence,i want the function to calculate,(predict), a future y
> value given an existing x value and arrays of previous x and y
> values. The approach is to fit a linear regression line to the
> historical x and y data and then use this line to predict a future
y
> value given an x value.
> The MS "Reference" function works not only prior values, but
giving it it a "+" number will generate future values.
>
> Jay
>
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