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Re: the Half a line is fine Trendline · To: metastock@xxxxxxxxxxxxx · Subject: Re: the Half a line is fine Trendline · From: wander@xxxxxxxx · Date: Thu, 21 Oct 1999 12:32:03 -0400 · References: <380E3981.863B57D9@xxxxxxxx> · Reply-To: metastock@xxxxxxxxxxxxx · Sender: owner-metastock@xxxxxxxxxxxxx This should plot an arrow when a close crosses trendline. You'll need to write your own exit. Regards, Ken |
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Half a line is fine Trendline System Enter Long: {n=Zig Zag indicator points} n:=.80{pts}; aPeak:= Zig(H,n,$)>Ref(Zig(H,n,$),-1) AND Zig(H,n,$) >Ref(Zig(H,n,$),1{future}); bsp:=BarsSince(aPeak); bbp:=If(bsp=0,Ref(bsp,-1)+1,bsp); ppmp:=ValueWhen(2,bsp=0,H)- ValueWhen(1,bsp=0,H); ROCbp:=ValueWhen(1,bsp=0,ppmp/bbp); PeakTrendline:= If(Ref(bsp,-1)=1 AND aPeak=1, ValueWhen(1,Ref(bsp,-1)=1, Ref(H,-2))-bbp*Ref(ROCbp,-1), If(bsp=1, ValueWhen(1,bsp=1,Ref(H,-1))-bbp*ROCbp, ValueWhen(1,bsp=2,Ref(H,-2))- bbp*Ref(ROCbp,-1))); Cross(C,PeakTrendline) AND PeakTrendline<=Ref(PeakTrendline,-1) AND {peak locked-in.} Ref(LowestSince(1,aPeak=1,H),-1)<= Ref(ValueWhen(1,aPeak=1,H),-1)-n; Enter Short: {n=points} n:=.80{pts}; aTrough:= Zig(L,n,$)<Ref(Zig(L,n,$),-1) AND Zig(L,n,$)<Ref(Zig(L,n,$),1{future}); bst:=BarsSince(aTrough); bbt:= If(bst=0,Ref(bst,-1)+1,bst); ptmt:=ValueWhen(2,bst=0,L)-ValueWhen(1,bst=0,L); ROCbt:=ValueWhen(1,bst=0,ptmt/bbt); TroughTrendline:= If(Ref(bst,-1)=1 AND aTrough=1{true}, ValueWhen(1,Ref(bst,-1)=1, Ref(L,-2))-bst*Ref(ROCbt,-1), If(bst=1,ValueWhen(1,bst=1,Ref(L,-1))-bst* ROCbt,ValueWhen(1,bst=2,Ref(L,-2))-bbt* Ref(ROCbt,-1))); Cross( TroughTrendline,C) AND TroughTrendline>=Ref(TroughTrendline,-1) AND {trough locked-in} Ref(HighestSince(1,aTrough=1,L),-1)>= Ref(ValueWhen(1,aTrough=1,L),-1)+n; |
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