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In a message dated 11/24/2003 1:32:39 PM Pacific Standard Time, rlarsen@xxxxxxxxxxxxxx writes:
Virtually all code written using positive references can be rewritten withnegative references alone and still provide the same information in the sametimely manner.
I use Clayburg's support and resistance in an Expert and find them valuable for stop/entry points. I see no other way to create the symbols than to code a forward reference for a Category 2 (or 1 or 3) support or resistance. If you have a method to do this exclusively with negative references, please post.
Category 2 support: A low range (not close) preceded by two ranges that were higher ranges, and followed by two higher ranges.
Category 2 resistance: The reverse of the above.
This support and resistance will not display until two days (tics) after the occurrence and makes an excellent entry/stop point. Several people on this list have been asking for Clayburg formulas and to deny the forward reference is to deny them that information.
I still use the When statement (simply a variation of an If statement) in some of my formulas and it is still supported by MetaStock. I see nothing wrong with passing on all information regarding MetaStock code.
Again, please post a formula that supports Category 2 formulas without a forward reference.
Jay
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