[EquisMetaStock Group] Re: Signal for the indicator Zig Zag

["cengovit" <cengovit@xxxxxxxxx>]

--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@xxx>
wrote:
>
> Edson, try this indicator:
> 
> =================
> ZigZag Buy & Sell
> =================
> ---8<-------------------------
> 
> { Note!
>   ----
>    Last leg of ZigZag is *always dynamic*,
>    and last peak/trough signals are
>    always plotted in hindsight. 
> 
> ©Copyright 2004~2006 Jose Silva.
>  For personal use only.
>  http://www.metastocktools.com }
> 
> { User inputs }
> pr:=Input("ZigZag reversal %",.01,100,5);
> x:=Input("use: [1]Open, [2]High, [3]Low, [4]Close, [5]WghtCl",1,5,4);
> plot:=Input("plot:  [1]Signals,  [2]ZigZag",1,2,1);
> 
> { Select data array }
> x:=If(x=1,O,If(x=2,H,If(x=3,L,If(x=4,C,WC()))));
> 
> { ZigZag }
> zz:=Zig(x,pr,%);
> 
> { Peak/Trough }
> sell:=PeakBars(1,x,pr)=0;
> buy:=TroughBars(1,x,pr)=0;
> 
> { Plot signals in own window, ZigZag on chart }
> If(plot=1,buy-sell,zz)
> 
> ---8<-------------------------
> 
> 
> jose '-)
> http://www.metastocktools.com
> 
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "Edson L F" <edsonlf@> 
> wrote:
> >
> > Hi all,
> > How to make a signal (positive=buy and negative=sell) for the
> > indicator Zig Zag?
> > 
> > Thanks in advance.
>

Hi, 

I am new to metastock (only couple of days) so, I really dont now how
to write my own stuff. Can any of you guys convert this "zig-zag
buy/sell" indicator to "Explorer" format?

Possibly search for a sell or buy signal generated with in last 2 bars
 or something like that?

thanks in advance....



 
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