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Hi Preston,
Thanks.
It is very interesting.
Will study it carefully.
Thanks again.
Penny
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
> Penny,
>
> Here's the formula:
>
> {BarBack Z}
> {Will draw a line from one High to the next---back in time}
> {Reference highs are also displayed within the window}
> len:=Input("Periods for Ref High(Set > Barsback)",8,100,20);
> Signal:=Ref(H,-len);
> Barbk:=Input("Barsback High",1,100,8);
> Signal2:=Ref(H,-Barbk);
> LastBar:=Cum(1)=LastValue(Cum(1)-(len));
> bacdis1:=ValueWhen(1,LastBar,LastValue(Signal));
> 1stRefPnt:=Ref(Ref(bacdis1,-Barbk),Barbk);
> {end}
> bacdis2:=ValueWhen(1,LastBar,LastValue(Signal2));
> 2ndRefPnt:=Ref(Ref(bacdis2,-Barbk),Barbk);
> {end}
> {Line Plot }
> D1:=LastValue(Cum(1))-LastValue(LEN);
> {D1 is first high of line}
> D2:=LastValue(Cum(1))-LastValue(BARBK);
> {D2 is last high of line}
> P1:=1stRefPnt; {start-of-line data array}
> P2:=2ndRefPnt; {end-of-line data array}
> V1:=ValueWhen(1,D1,P1);
> V2:=ValueWhen(1,D2,P2);
> B1:=LastValue(Cum(1))-D1;
> B2:=LastValue(Cum(1))-D2;
> LINE:=V1-(BarsSince(Cum(1)=D1)*( (V1-V2)/(B1-B2)));
> LINE;
> 1stRefPnt;
> 2ndRefPnt;
>
>
> What you will need to do is first understand how the indicator
works.
> Notice that it plots a trendline and 2 horizontal lines. This
occurs
> back in time by a defined period. A lot of the indicator will not
be
> needed in your case but understanding how it works should help in
> being able to write the type of indicator that you want. Also note
> that when the indicator is not plotting a value of NA will result.
> Using the Binary or Surrogate option that I mentioned before you
> would have a plot of some type at all times. Hope this helps.
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "pennywat" <pennywat@xxxx>
> wrote:
> > Hi Preston,
> >
> > You are absolutely correct I do not want a continuous plot but
only
> > during defined periods when certains conditions are satisfied.
> >
> > I am willing to learn and would be grateful if you can share the
> way
> > you wrote your "Barsback Z" indicator.
> >
> > It will be interesting.
> >
> > Please attached the indicator and e-mail it to :-
> >
> > pennywat@xxxx
> >
> > Thanks.
> >
> > Penny
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
> wrote:
> > > Penny,
> > >
> > > Your easy options are to use binary values of 1 when true else
0
> > when
> > > not or surrogates such as the close, high, low or open when
your
> > > condition is not being met.
> > >
> > > There is one more option which you might be able to use but
you
> > would
> > > really need to consider whether the benefit would be worth the
> > > effort. Some time ago I wrote an indicator which plotted a
> > trendline
> > > with support and resistance levels. The plot was not
continuous
> > > meaning it only plotted during the defined periods which I
> believe
> > is
> > > what you are looking for. The indicator was called "Barsback
Z".
> > The
> > > problem with writing such code is that IT IS NOT EASY and most
> > people
> > > choose the first two options that I've mentioned because of
the
> > ease
> > > in writing the code.
> > >
> > > Preston
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, penny watson
> > <pennywat@xxxx>
> > > wrote:
> > > > Hi Pierre,
> > > >
> > > > Good idea but now will have to change variable
> > > > according to the number of days being viewed.
> > > >
> > > > Anymore ideas?
> > > >
> > > > All ideas are welcome.
> > > >
> > > > Thanks.
> > > >
> > > > Penny
> > > >
> > > >
> > > > --- Pierre Tremblay <pt2000@xxxx> wrote:
> > > >
> > > > > Pennywat,
> > > > >
> > > > > You may try :
> > > > >
> > > > > If(V>=Mov(V,20,E),HHV(C,3), LLV(L, 250))
> > > > >
> > > > >
> > > > > ...if you use 250 periods for display.
> > > > >
> > > > > Pierre Tremblay
> > > > >
> > > > >
> > > > > pennywat a écrit:
> > > > >
> > > > > >Hi,
> > > > > >
> > > > > >Need help to plot indicator only when volume target
> > > > > is met.
> > > > > >
> > > > > >If(V>=MOV(V,20,E),HHV(C,3),0)
> > > > > >
> > > > > >I have set the indicator style to dots ..........
> > > > > >
> > > > > >If the volume is met it plots a dot it at HHV(C,3)
> > > > > else zero is
> > > > > >plotted.
> > > > > >
> > > > > >The problem is the chart will always be zero-based
> > > > > and I need to
> > > > > >zoom in to see the chart clearly.
> > > > > >
> > > > > >Is there another way of writing this formula so it
> > > > > is not zero=based?
> > > > > >
> > > > > >Have tried using expert highlights but cannot plot
> > > > > the dot at HHV
> > > > > >(C,3) when volume is met.
> > > > > >
> > > > > >Is there a way to plot the dot only when volume is
> > > > > met else not to
> > > > > >plot anything?
> > > > > >
> > > > > >Any ideas are welcome.
> > > > > >
> > > > > >Thanks.
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >Yahoo! Groups Links
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > __________________________________
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