Re: [EquisMetaStock Group] Need help with formula

["Roy Larsen" <rlarsen@xxxxxxxxxxxxxx>]

Gernot

Change the brick size (K) to something appropriate. The default setting of 150 is way too big for my
charts.

Roy


----- Original Message ----- 
From: "TaoTrader" <taotrader@xxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 30, 2004 12:57 AM
Subject: Re: [EquisMetaStock Group] Need help with formula


Thanks, Dusant, for your reply.  Unfortunately, external functions won't help me.  In my broker's
forex charting program you can write your own indicator scripts using a subset of the MS commands.
However, it isn't possible to call external functions via DLLs.  I thought if I could just program
Renko charts with the available MS commands that that would suffice.

By the way, I've just come across another script (see below) at a German trading site.  However, it
looks like it's generating a line chart based on Renko data instead of the chart itself.  I ran it
as is in my program but it did't work ( no line, just blank).  If someone could run the script im MS
and let me know what it works.  The code below includes comments for each line.

Cheers,
Gernot

K:=150; {brick size}

RenkoLine:=if(Cum(1)=1,Close,

{Last Renko white (up)?}

if(PREV>=0,

{Last Renko is white.}

{Reversal?}

if(C<=PREV-2*K,

{Reversal!}

-(PREV-floor(Max(PREV-C,0)/K)*K),

{New white Renkos?}

floor(Max(C-PREV,0)/K)*K+PREV),

{Last Renko is black (down).}

{Reversal?}

if(C>=abs(PREV)+2*K,

{Reversal!}

-PREV+floor(Max(C-abs(PREV),0)/K)*K,

{New black Renkos?}

floor(Max(abs(PREV)-C,0)/K)*K+PREV)));

RL:=abs(RenkoLine);

RL;


  ----- Original Message ----- 
  From: Dusant
  To: equismetastock@xxxxxxxxxxxxxxx
  Sent: Tuesday, June 29, 2004 8:06 AM
  Subject: Re: [EquisMetaStock Group] Need help with formula


  TaoTrader,
  http://195.131.102.216/cgi-bin/ksr?file=msx_ksr_en
  You need to download the DLL as the codes are written with the support of the external DLL.
  You need not write any code yourself, import the formula using their files.
  This DLL has a great utility to write values to a text file too.
  Dusant
  Chief Architect
  http://www.candlestrength.com/

    ----- Original Message ----- 
    From: TaoTrader
    To: equismetastock@xxxxxxxxxxxxxxx
    Sent: Tuesday, June 29, 2004 8:00 AM
    Subject: Re: [EquisMetaStock Group] Need help with formula


    Hi Roy,

    Thanks for the response.  Yeah, I realized the script is not in Metastock language.  However,
the odd thing is that I found the formula at a web site on external meatstock function.  See web
attached web site:

    http://www.ksr.sp.ru/msx/msxen.htm

    and go down to:
    4. Renko-Adaptive indicator "Renko_Adaptive

    I understand you're busy and wouldn't ask you to take up your time.  I posted the request in the
forum because Metastock has built-in Renko charts.  So, I thought that there must be a way to also
code them with the MS language.  Although I understand that the built-in stuff is not likely to be
written MS format.

    Thanks again for your reply
    Gernot

        Yahoo! Groups Sponsor
              ADVERTISEMENT





------------------------------------------------------------------------------
  Yahoo! Groups Links

    a.. To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

    b.. To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

    c.. Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.





------------------------ Yahoo! Groups Sponsor --------------------~--> 
Yahoo! Domains - Claim yours for only $14.70
http://us.click.yahoo.com/Z1wmxD/DREIAA/yQLSAA/BefplB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
     http://groups.yahoo.com/group/equismetastock/

<*> To unsubscribe from this group, send an email to:
     equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
     http://docs.yahoo.com/info/terms/