Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 6/6/2005(UTC)
Posts: 424
Location: connecticut,USA
|
if(c,12,s)> (C,15,S)( -1,0)
ROC( c,15,S)< ROC( C,20,S) (-1,0)
if it is , or if its not, how this influence in graph? how I can check if this is true or is false , where I can see this on graph?Why is require to write (-1,0)?
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 3/19/2005(UTC)
Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
|
What is the -1,0 supposed to represent?
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 6/6/2005(UTC)
Posts: 424
Location: connecticut,USA
|
Here is more explanation: I have read a formula primer and stay on page 17. Logical Being
If (Condition, True Result, False result)
If the 12 period RSi is above 70 or the close has dropped by 5 percent or more over the last 3 periods, plot 1, otherwise plot a 0
If ((RSI (12) > 70) OR (((C-Ref(C,3)) Ref (C,-3)) *100<5), 1,0
and here is my question: Why Should I write 1,0 and what that represent? I know that represent 1 for true 0 for false, but how this influence in graph? where I can see that in chart? Is that require to write (1,0) or Metastock Language will do this for me? Can you show me example with graph
I am sorry but I can't understand this part of formula and I don't want to stop learning
please help me out here!
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 3/19/2005(UTC)
Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
|
Well... in this case the result of a true condition = 1 which means to plot the value 1. The result of a false condition = 0 which means to plot the value 0. Basically you have a flip-flop... on or off condition.
Some examples:
if (mov(c,12,s) > mov(C,15,S), 1, 0);
if (ROC(c,15,S) < ROC( C,20,S), 1, 0);
if (RSI(12) > 70 OR (c - ref (c,-3)) < 5, 1, 0); <<< I didn't understand your reference to this one, so it's not right
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 6/6/2005(UTC)
Posts: 424
Location: connecticut,USA
|
If((C>Mov(C,40,S)) AND (C>Mov(C,120,S)),1,0)
I use this formula above to see how this work and the (1,0) represtent true of false of that statement right?
is that correct?
the high point represtent 1 true, the low point represtent 0 low
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 3/19/2005(UTC)
Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
|
If(C > Mov(C,40,S) AND C > Mov(C,120,S), 1, 0);
This will plot a 1 if C is greater than the 40 period average AND the 120 period average.
I think what you're thinking is true... the low point on the graph (zero) means that your condition is false; the high point on the graph (one) means that your condition is true.
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 6/6/2005(UTC)
Posts: 424
Location: connecticut,USA
|
|
|
|
|
|
|
| Users browsing this topic |
|
Guest (Hidden)
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
