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[EquisMetaStock Group] Plain English version of code


  • Date: Sun, 13 Dec 2009 20:09:07 -0000
  • From: "Jack" <yahoo@xxxxxxxxxxxxxxxxxxxxx>
  • Subject: [EquisMetaStock Group] Plain English version of code

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Hi, I'm new to this --- like to know what my technical indicators are actually doing - use the Heikin Ashi Oscillator and can't work out what this part of the code is actually doing.... the manual doesn't explain well enough for me to understand....  I'd appreciate some plain English interpretations.... Cheers, Jack

keep1:=Alert(haC>=haOpen,2) OR If(C>=haC,1,If(H>Ref(H,-1) OR L>Ref(L,-1),1,0));
MY INTERPRETATION: ?
If haC>=haOpen, then keep1=2 or
   If C>=haC, then keep1=1
    else if H>H from prior period, then keep1=-1
           or if L>L from prior period, then keep1=1 
            else keep1=0

keep2:=ZlDif>=0;
MY INTERPRETATION: ?
If Z1Diff>=0, then keep2=Z1Diff

keeping:=(keep1 OR keep2);
MY INTERPRETATION:
????? I can't even guess what this means

keepall:=keeping OR (Ref(keeping,-1) AND (C>=O) OR C>=Ref(C,-1));
MY INTERPRETATION:
?????

keep3:=(Abs(C-O)<(H-L)*.35 AND H>=Ref(L,-1));
MY INTERPRETATION:
?????

utr:=Keepall OR (Ref(keepall,-1) AND keep3);
MY INTERPRETATION:
?????



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