MetaStock™ Zone Forum & FAQ Artykuły Linki Elliott Waves EasyLanguage™ Zone

A B C D E F G H I J K L M N O P R S T U V W Y Z #

Onno's Binary Wave
Re: can metastock do flip flops?

. To: metastock@xxxxxxxxxxxxx
. Subject: Re: can metastock do flip flops?
. From: AL NEUBAUER <neubauer@xxxxxxxxxxxxxxxxxxxxxx>
. Date: Sat, 10 Oct 1998 17:43:04 -0400
. References: <199810101906.VAA20112@xxxxxxxxxxxxxxx>
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Onno Goedknegt wrote:

Ton, Gerhard, Guy and Martin, thanks for your help on this topic sofar...
But depite your help I didn't succeed in getting a binary wave.

Did you get one, Simon?

I would like to put a trading system into the INDICATOR BUILDER and hope to see a BINARY WAVE...

For example (trading system):
ENTER LONG: RSI(14)<30 OR Mo(12)<90
ENTER SHORT: RSI(14)>70 OR Mo(12)>110

So I would like to put this into the INDICATOR BUILDER to get a BINARY WAVE. When this trading system generates a BUY signal the BINARY WAVE should jump to +1 (and stay there...) and only go back to -1 after getting a SELL signal (and stay there...).

I hope you can help me out.
Thanks in advance for your help!

Cheers,
Onno

onno,

give this a try.

Onno's Binary Wave

signal:=If(RSI(14)<30 OR Mo(12)<90,1,If(RSI(14)>70
OR Mo(12)>110,-1,0));
ValueWhen(1,signal<>0,signal);

{If(RSI(14)<30 OR Mo(12)<90,.5,0);
If(RSI(14)>70 OR Mo(12)>110,-.5,0);}

the last two if statements(in french brackets) plot smaller binarys on the same plot.i included them because nested if statements favor the first statement. so if rsi(14)<30 and mo(12)>110 you would still get a buy signal.

good luck,al

[9435]

Re: can metastock do flip flops?

. To: metastock@xxxxxxxxxxxxx
. Subject: Re: can metastock do flip flops?
. From: Martin Haesler <mhaesler@xxxxxxxxxxxxxx>
. Date: Mon, 12 Oct 1998 14:40:04 +0930
. References: <199810101906.VAA20112@xxxxxxxxxxxxxxx>
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Onno ...

I have built the indicator you require and have attached a .gif to display the result.
The binary wave I believe is as you require it, and I have built a system test to use it.
You could of course also use the expert to colour your bars as long and short and/or use the expert symbols to flag your buy and sell points.


Onno's Binary Wave Indicator

long:=If(RSI(14)<30 OR Mo(12)<90,1,
If(RSI(14)>70 OR Mo(12)>110,-1,PREVIOUS));
long;

 

m036 Onno's Binary Wave System Test

enter long/close short

FmlVar("m036 Onno's Binary Wave","long")= -1

close long/enter short

FmlVar("m036 Onno's Binary Wave","long")= +1

Applying the strategy to the Australian SPI over the last 15 years, is not encouraging.
Psychologically I could not handle the results which show a significant loss after 5 years, very most profit after 10 years, and encouraging results only during the bull run of recent years.

Best regards ... Martin

[9454]

Source / From: TOP
http://purebytes.com/archives/metastock/

Equis and MetaStock® and MetaStock Professional® are registered trademarks of Equis International. Achelis Binary Wave®, The DownLoader®,
Expert Advisor®, OptionScope®, Quotecenter® and Smart Charts® are trademarks of Equis International, a Thomson Reuters company.

TradeStation® Pro, TradeStation® 2000i, OptionStation®, SuperCharts®, PowerEditor® and EasyLanguage®
are registered trademarks of TradeStation Technologies, Inc. Other names and marks referred to are the property of their respective owners.

All information provided on this website is for educational purposes only. Trading involves risk, including possible loss of principal and other losses.

Ten i inne materiały na tej stronie zostały zamieszczone zostały jedynie w celach edukacyjnych, nie ponoszę żadnej odpowiedzialno¶ci za ich stosowanie.

Gra na giełdzie i rynkach walutowych (FOREX) niesie ze sob± ryzyko poważnych strat finansowych!