Re: More Errors

["Tom Strickland" <tstrickland@xxxxxxxxxxxxx>]

John,
 
I agree. The people at Equis aren't perfect, but 
it's been my experience that they make an honest effort to help. Back in 1992 or 
1993 I bought one of Omega Research's products, and I couldn't get any technical 
support. They wouldn't return my phone calls and they wouldn't answer my (snail) 
mail. I never upgraded their product and have bought nothing from them since. 
I'll stick with Equis. When I want something more complex than MetaStock 
provides, I program it in C++. I don't do that very often because that takes 
lots of time.
 
Tom 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  John Manasco 
  
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Tuesday, July 03, 2001 3:32 
PM
  Subject: Re: More Errors
  
  That's what I like about Equis. They acknowledge 
  the problem and agree to fix it.  The people at Tradestation won't even 
  answer the phone.
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A title=tstrickland@xxxxxxxxxxxxx 
    href="mailto:tstrickland@xxxxxxxxxxxxx";>Tom Strickland 
    To: <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>Metastock List 
    Sent: Tuesday, July 03, 2001 1:42 
    PM
    Subject: More Errors
    
    I have discovered one and probably two errors 
    in MetaStock formulas. When the Polarized Fractal Efficiency (14-day period, 
    1-day smoothing) is applied to a security with a large numerical value for 
    price, such as cocoa, the value of the PFE can exceed +or-100. This can't 
    be, according to the definition of the PFE. I have brought this to the 
    attention of TechSupport and they agree that the values are in error. They 
    say this will be corrected in the next update.
     
    Also, the following trading system
    
    PS Consolidation 
    Breakout
    <P 
    class=MsoNormal>var1:=If(((BBandTop(C,20,S,2)-BBandBot(C,20,S,2))<(1.75*ATR(1))) 
    AND Cross(H,BBandTop(C,20,S,2)),1,If(ATR(1) 
    AND Cross(BBandBot(C,20,S,2),L),-1,0)); 
    var1=1
    <P 
    class=MsoNormal>----------------------------------------------------------------------------------------------
    seems to have an error that I 
    have highlighted in red. The second ATR(1) in var1 is always positive and 
    thus seems to be unnecessary. I can guess as to what was supposed to be 
    there, but I'd rather not. Since I don't plan to use this system, I haven't 
    bothered to contact TechSupport about it. 
    Just thought others would like to 
    know about these. If I'm wrong about this I'm sure someone(s) will let me 
    know.
    Tom Strickland
     
    <P 
class=MsoNormal>