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[EquisMetaStock Group] Re: Help needed understanding this code



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Paul,

I'm not in front of a metastock capable computer at the moment. Give me 
a couple of hours and I'll throw it up to see what it plots like.

Or better yet, since you have already done it, upload a copy of what 
you did and put it in the files section and I'll take a look at it.

My guess is that you would be better served using a longer lookback of 
the indicator instead of the slope.

Whats this code from anyway?

Preston

--- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris" <paul_vicmar@xxx> 
wrote:
>
> Preston
> 
> I understand the code used by MS but I don´t understand the
> implication of the code. 
> I have tried plotting the two plots to try and figure out what is the
> relevance of each in relation to the other, but without success.
> Whilst I understand that the slope can give you the direction of the
> trend I don´t see the significance of the slope in our example needing
> to be greater than the indicator.
> 
> Yours gratefully and patiently
> 
> PAUL
>




 
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