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Re: Support & Resistance?



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If that is the case, why do you need this if statement? There is only a very
small probability that High -4 will be equal to HHV(High,9).
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Frans Derksen" <fjderksen@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, November 27, 2001 3:47 PM
Subject: Re: Support & Resistance?


>
> Hello Lionel,
>
> Well they are not "my" formula's that's too great an honnor <G>
>
> No error here as I just copied it from the equis-link.
>
> I think it means : if the first statement {Ref(HIGH,-4)=HHV(HIGH,9} is
true
> than start to draw a line (style: points) at the Ref(HIGH, -4) level,
> otherwise (if not true) than use the previous line.
>
> Rgds
> Frans
>
>
> At 12:58 PM 11/27/2001 -0600, you wrote:
> >I think that you've got an error in your syntax
> >in   If(Ref(HIGH,-4)=HHV(HIGH,9),Ref(HIGH,-4),PREVIOUS)
> >shouldn't the "=" sign be either ">=" or "<="?
> >
> >The way you have it will only plot a straight line, unless in the rare
event
> >that (H,-4) =HHV(HIGH,9),
> >
> >Lionel Issen
> >lissen@xxxxxxxxxxxxxx
> >----- Original Message -----
> >From: "Gerald Novak" <gnovak@xxxxxxxxx>
> >To: <metastock@xxxxxxxxxxxxx>
> >Sent: Tuesday, November 27, 2001 7:54 AM
> >Subject: RE: Support & Resistance?
> >
> >
> >> Maybe a dumb question Frans, but when I place the formula for R1 -
> >> If(Ref(HIGH,-4)=HHV(HIGH,9),Ref(HIGH,-4),PREVIOUS)
> >> in an indicator, I get a continuous line.  Did you manually alter the
line
> >> at all?
> >>
> >>
> >> I tried putting the resistance formulas in an exploration to look for
> >> crossings but it was tremendously slow.
> >>
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
> >> Sent: Tuesday, November 27, 2001 12:46 AM
> >> To: metastock@xxxxxxxxxxxxx
> >> Subject: RE: Support & Resistance?
> >>
> >>
> >>
> >> Gerald,John,Lionel et all.
> >>
> >> See attachement.
> >>  Blue= support
> >>  White is= resistance
> >>
> >> This is for the S1 and R1 formula's.
> >>
> >> I use MS EOD 7.02 and just copied and pasted the formula's from the
> >> Equis-site.
> >>
> >> I don't know how to put these into the Explorer but there must be a
(easy)
> >> way........
> >>
> >> Regards,
> >> Frans
> >>
> >> At 10:09 AM 11/25/2001 -0600, you wrote:
> >> >Frans -
> >> >Thanks for the help.
> >> >Am I to assume that I would make an indicator for each: S1, S2,
> >> >...WSO,...R1...etc and then reference those in explorer in a filter
(as
> >in
> >> >the Enter Long)?
> >> >
> >> >
> >> >-----Original Message-----
> >> >From: owner-metastock@xxxxxxxxxxxxx
> >> >[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
> >> >Sent: Saturday, November 24, 2001 2:49 PM
> >> >To: metastock@xxxxxxxxxxxxx
> >> >Subject: Re: Support & Resistance?
> >> >
> >> >
> >> >
> >> >Gerald et all,
> >> >
> >> >My suggestion:
> >> >
> >> >Go here: http://www.equis.com/customer/support/formulas/cf00090.html
> >> >
> >> >Put those in the explorer and off you go.
> >> >
> >> >Enjoy your weekend.
> >> >Frans
> >> >
> >> >At 04:42 PM 11/23/2001 -0600, you wrote:
> >> >>Gerald:
> >> >>You have a valid point. You have to decide how far back you want to
> >look.
> >> >>Lionel Issen
> >> >>lissen@xxxxxxxxxxxxxx
> >> >>----- Original Message -----
> >> >>From: "Gerald Novak" <gnovak@xxxxxxxxx>
> >> >>To: <metastock@xxxxxxxxxxxxx>
> >> >>Sent: Friday, November 23, 2001 2:46 PM
> >> >>Subject: RE: Support & Resistance?
> >> >>
> >> >>
> >> >>> Price Channel is OK, but it doesn't have any "smarts" behind it.
You
> >> >can't
> >> >>> really use LowestSince because you don't know how far back to go to
> >get
> >> >>the
> >> >>> lowest, or, in the case of upper, the peaks...
> >> >>>
> >> >>>
> >> >>> -----Original Message-----
> >> >>> From: owner-metastock@xxxxxxxxxxxxx
> >> >>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
> >> >>> Sent: Friday, November 23, 2001 1:10 PM
> >> >>> To: metastock@xxxxxxxxxxxxx
> >> >>> Subject: Re: Support & Resistance?
> >> >>>
> >> >>>
> >> >>> Metastock has a price channel indicator. This might be of help
> >> >>> Lionel Issen
> >> >>> lissen@xxxxxxxxxxxxxx
> >> >>> ----- Original Message -----
> >> >>> From: "Gerald Novak" <gnovak@xxxxxxxxx>
> >> >>> To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
> >> >>> Sent: Friday, November 23, 2001 11:24 AM
> >> >>> Subject: Support & Resistance?
> >> >>>
> >> >>>
> >> >>> > Does anyone use Metastock Explorations to determine
> >> Support/Resistance?
> >> >>> > I know that I can visually determine a line over the past X
months,
> >> but
> >> >>> I'm
> >> >>> > wondering if there is an approximate formula that can be applied
to
> >an
> >> >>> > exploration to determine those stocks hitting up against support
or
> >> >>those
> >> >>> > stocks hitting up against resistance.
> >> >>> >
> >> >>> > Jerry
> >> >>> >
> >> >>>
> >> >>
> >> >>
> >> >
> >> >
> >>
> >
> >
>