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Er..., thanks Preston. Rick.
On 10/31/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> Rick,
>
> Its not about speed.
>
> Its all about what you can demonstrate on a chart by using it.
>
> Preston
>
> --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>,
> "Richard Briggs"
>
> <richardwbriggsjr@xxx> wrote:
> >
> > Preston,
> >
> >I'm curious why you consider this a great indicator. I find
> > the signals to be too slow.
> >
> >Rick.
> >
> >
> >
> > On 10/31/07, pumrysh <no_reply@xxxxxxxxxxxxxxx<no_reply%40yahoogroups.com>>
> wrote:
> > >
> > > All,
> > >
> > > I hope everyone realizes how significant this indicator is!
> > >
> > > Prior to this we would typically play hide the value.
> > > RedGreen Histogram is a good example:
> > >
> > > {RedGreen Histogram}
> > > X:= {your indicator here};
> > > Green:=If(X>Ref(X,-1),X,0);
> > > Red:=If(X<Ref(X,-1),X,0);
> > > Green; Red;
> > >
> > > The indicator works because 0 is a value used in the display. In
> the
> > > case of the Two-Color SAR though you will notice that we have no
> > > negative indicator values.
> > >
> > > Roy recently shared the process with those members of his
> newsletter
> > > in the form of another indicator. The indicator that he used was
> the
> > > Heikin-Ashi. The HA requires that you display values for the
> close
> > > and open that are different than the data for the day/period.
> Roy's
> > > indicator allows you to do this without a DLL or transposing the
> > > values in Excel. This is just the type of insightful information
> > > that you can expect to receive with the every issue of the
> > > publication. If you are not a subscriber then I would strongly
> > > consider it.
> > >
> > > As far as the indicator, this is just the tip of the iceburg
> when it
> > > comes to its use. Roy and I have found uses for it that others
> > > thought impossible. In Roy's case I consider it genius. Mine was
> > > just luck. Either way ValueWhen is one of those gems that can be
> > > used to create some really interesting charts.
> > >
> > > If you run across some other ideas for its use or just have some
> > > proposals that you would like to consider, please share them.
> > >
> > > Preston
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx<equismetastock%40yahoogroups.com><equismetastock%
> 40yahoogroups.com>,
> > > "Roy Larsen" <rlarsen@>
> > > wrote:
> > > >
> > > > Daniel
> > > >
> > > >
> > > >
> > > > There is a way to plot SAR() with different colors for up and
> > > down. This method is really only workable with a dotted line
> style -
> > > and not with a solid line style. A dotted line only plots on each
> > > bar and does not connect between bars. That allows the transition
> > > from "zero to active" or "active to zero" to remain hidden. A
> solid
> > > line cannot hide that transition.
> > > >
> > > >
> > > >
> > > > The following formula generates two SAR outputs. The first
> output
> > > plots the SAR when it is less than CLOSE, otherwise it plots
> zero.
> > > The second output plots the SAR when it is greater than CLOSE,
> > > otherwise it plots zero. Each plot can be given the color and
> style
> > > of your choice. Remember that a dotted line works best because of
> > > the "transition" problem with a solid line.
> > > >
> > > >
> > > >
> > > > If no other outputs were included in the formula then scaling
> the
> > > indicator to price would allow the zero segments of each plot to
> > > severely distort or compress the price bars. This problem is
> > > overcome by adding an N/A output as the LAST output from the
> > > indicator. I've used ValueWhen(1,0=1,0) to create this output.
> This
> > > output can never be valid because 0 (zero) is never equal to 1
> > > (one), and I'm using "0=1" is the (non-existent) trigger
> expression.
> > > The indicator still remains "scaled" to the price chart but the
> > > unwanted zero dots are allowed to "float" and disappear from the
> > > viewing window. Once the indicator has been floated price bars
> can
> > > again use the full height of the inner window.
> > > >
> > > >
> > > >
> > > > In the event that the zero dots reappear at the bottom of the
> > > window on some charts, and this can happen, an extra valid zero
> line
> > > can be created. Giving this zero line a heavy dotted style and
> the
> > > same color as the chart background will effectively blank out any
> > > zero SAR plots that might come into view.
> > > >
> > > >
> > > >
> > > > Obviously this indicator cannot plot as required when first
> > > dropped onto a chart - it requires each plot be given the correct
> > > style and color. If you wanted to use this on every chart then
> you
> > > should set up the indicator and then save it as part of your
> default
> > > template. That way the two-color SAR will plot correctly as soon
> as
> > > you open each chart.
> > > >
> > > >
> > > >
> > > > {Two-Color SAR}
> > > >
> > > > A:=Input("Step value", 0.001,1,0.02);
> > > >
> > > > B:=Input("Maximum value",0.01,1,0.2);
> > > >
> > > > R:=SAR(A,B);
> > > >
> > > > If(R<C,R,0);
> > > >
> > > > If(R>C,R,0);
> > > >
> > > > {0;}
> > > >
> > > > ValueWhen(1,0=1,0);
> > > >
> > > >
> > > >
> > > > Hope this helps. Please let me know if you have any problems
> > > making this work.
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Regards
> > > >
> > > >
> > > >
> > > > Roy
> > > >
> > > > www.metastocktips.co.nz
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > ----- Original Message -----
> > > > From: danielteokh
> > > > To: equismetastock@xxxxxxxxxxxxxxx<equismetastock%40yahoogroups.com><equismetastock%
> 40yahoogroups.com>
> > > > Sent: Tuesday, October 30, 2007 1:10 PM
> > > > Subject: [EquisMetaStock Group] Parabolic SAR
> > > >
> > > >
> > > > Hi,
> > > >
> > > > How can i plot PARABOLIC SAR and make it more colorful, showing
> > > > different color for up and down ?
> > > >
> > > > Thanks.
> > >
> > >
> > >
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
>
>
[Non-text portions of this message have been removed]
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