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RE: GSV Indicator



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It looks like this code just averages the difference between the high and
the open for the last 4
days and then multiplies it times a factor. What you are asking, "I need to
add this value to
todays opening and would like to have the value before going into the
opening", is impossible because it presumes you have foreknowledge of the
opening value.

Jerry

> -----Original Message-----
> From: Jdev02@xxxxxxx [mailto:Jdev02@xxxxxxx]
> Sent: Saturday, January 19, 2002 7:21 PM
> To: omega-list@xxxxxxxxxx
> Subject: GSV Indicator
>
>
> I'm trying to plot an indicator for Larry Williams "Greatest
> Swing Value"
> (GSV).  In the system I'm using, I need to add this value to
> todays opening
> and would like to have the value before going into the opening.  The
> indicator is based on the TS code; (( (high[3] - open[3]) +
> (high[2] -
> open[2])
>         + (high[1] - open[1]) + (high - open)) / 4) * 1.60
> .........
>
>
> the opposite code for a sell value would be:
>     (( (Open[3] - Low[3]) + (Open[2] - Low[2])
>         + (Open[1] - Low[1]) + (Open - Low)) / 4) * 1.80   Stop;
>
>
> It seems that I need a buy & sell line in the indicator.
> Any help would be
> appreciated........jdev02@xxxxxxx
>