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Jose Silva has post a Resistance and Support line formula
Can I check those formula in Enhanced System tester is that possible to do? some restriction or permision to use?
also Do I need external Dll function Plug in: Pivot plus? in order to this formula to work?
{ Monthly pivots v2.0 }
{ ©Copyright 2002~2005 Jose Silva
For personal use only.
http://www.metastocktools.com }
{ Message }
message:=Input("plot on Weekly/Daily/Intraday charts",0,0,0);
{ Month's start }
mthStart:=Month()<>Ref(Month(),-1);
{ Previous Month's High }
Hi:=HighestSince(1,mthStart,H);
mHi:=ValueWhen(1,mthStart,Ref(Hi,-1));
mHi:=ValueWhen(1,mHi>0,mHi);
{ Previous Month's Low }
Lo:=LowestSince(1,mthStart,L);
mLo:=ValueWhen(1,mthStart,Ref(Lo,-1));
mLo:=ValueWhen(1,mLo>0,mLo);
{ Previous Month's Close }
mCl:=ValueWhen(1,mthStart,Ref(C,-1));
mCl:=ValueWhen(1,mCl>0,mCl);
{ Pivot }
pivot:=(mHi+mLo+mCl)/3;
{ Support & Resistance }
R1:=2*pivot-mLo;
S1:=2*pivot-mHi;
R2:=(pivot-S1)+R1;
S2:=(pivot-R1)+S1;
R3:=2*pivot+(mHi-2*mLo);
S3:=2*pivot-(2*mHi-mLo);
{ Plot pivots on chart }
R3;R2;R1;
pivot;
S1;S2;S3
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Konrad, there are no DLLs needed for the Monthly pivots indicator, and it is free to use unless you plan to distribute the code within a commercial package.
The only other restriction is that you must first pass two simple mathematical tests:
1) What is half of two and two?
2) If the probability of the markets going up next week is 50% for
each day in that week, what would be the total probability that
the markets will go up at least on one single day in that week?
a) 0%
b) 50%
c) 75.68%
d) 96.875%
e) 100%
f) 250%
g) none of the above
Remember, you can only use the Monthly pivots after you pass these two tests.
jose '-)
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I would like to use Montly Pivot for my personal use
:D Is there any tricks in those simple equation?
Answear A:
The answear is varied...
What is the half of two and 2... hmm let me think little bet about this very difficult solution #-o
Answear B:
Probablilty dont exist.... You dont know what will hapen tommorow with market you only see trend of market right?
zero 0
And BTW what is the answear for a and b without tricks?
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No tricks, Konrad - just straight-out year 1 maths. You can work it all out using MetaStock.
Answer 2a is wrong. The probability of any event being zero is very unlikely, if not impossible. According to Quantum probabilities, there is always a chance for any unlikely event (e.g. the chance that you will get to use the Monthly pivots successfully), no matter how small that chance may be.
Don't give up - try and work it out, Konrad.
jose '-)
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Jose wrote:1) What is half of two and two?
A. One and one? :eek:
LOL
wabit :
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[code:1:e6c99c4676]
According to Quantum probabilities, there is always a chance for any unlikely event (e.g. the chance that you will get to use the Monthly pivots successfully), no matter how small that chance may be.
Don't give up - try and work it out, Konrad. [/code:1:e6c99c4676]
right... According to Quantum probabilities there are some change that may occure in future.... "some" there is no exacly number in Percent% how much.... 50%-50%, but good techical analysis and some funamental analysis( if you are short term investor) is better than trust in "Quantum"
How long did you trade anyway? you have very nice web site, were did you collect all of those stuff? Holy Market.... I just wonder how smart you are :eek: ,
I never give up, keep going like all proffesional people do... NEXT!!!( you know what I mean...)
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C'mon guys, no binary or cryptic answers, please. :)
Is it really that difficult? Any guesses?
jose '-)
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I did not know this was an open question, I though it was for Konrad only.
Well I will jump in and be the first one to look dumb :D
My answer to question 2 would be 75% ... Please pm me the real answer ...
Patrick :mrgreen:
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Which question 2? The original question 2 or the one asking how smart Jose is? LOL! Hey J- Patrick thinks you're only 75% smart. LOL!
Since we're all taking a stab at this beast, my answer to the original question 2 is 50%.
Well, question 1... I don't understand the question. :oops:
0.5 * (2+2)? or
(0.5*2) + 2 or
0.5 * (2 AND 2) or ?
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this message doesn't need to be in the formula
{ Message }
message:=Input("plot on Weekly/Daily/Intraday charts",0,0,0);
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g_stockman wrote:The original question 2 or the one asking how smart Jose is? LOL! Hey J- Patrick thinks you're only 75% smart. LOL!
"Smarts" is a relative measurement and is often misunderstood. Take the above, seemingly disconnected post:
henry1224 wrote:this message doesn't need to be in the formula
{ Message }
message:=Input("plot on Weekly/Daily/Intraday charts",0,0,0);
There is a highly intelligent message lurking in there somewhere - if only I was smart enough to decipher it... :eek:
g_stockman wrote:Well, question 1... I don't understand the question.
Literally, half of two plus two equals... Use MetaStock formula language for the answer.
g_stockman wrote:Since we're all taking a stab at this beast, my answer to the original question 2 is 50%.
G, go to the back of the class, please. :nono:
There is an answer waiting here somewhere.
jose '-)
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Damn it :censored: ... Thanks for the quizz and the answer Jose ;)
Patrick :mrgreen:
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Joes I try to guess but I real have no idea what is the answear for A and B?
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Well... sorting through MetaStockTools is like browsing the library of congress! Can I share the card catalog number with the other members? LOL!
Well J, if this were Survivor, you'd be left on the island alone by now! It was fun... now I have to take the walk of shame. :omg:
<psst> Can Patrick sit beside me in the back of the class? :P
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Dude I'm there already, ready to be disturbing the class :P
Plus I have plenty of tomato's left for the teacher :lol:
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Well, now that G has given the answer for Q2 away, any solutions for Q1?
Anyone know the answer to "half of two plus two"?
Konrad - this is your last chance to prove yourself, and become a qualified monthly pivots operator... :)
jose '-)
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and who is the teacher anyways? I want to seat at first rown to distrubt whole class: Me, Patrick,G.stockman and who else want to jojn us? a very intelligent group? \\:D/
Well I dont know the answear you are the boss of Pivot formula you try to trick us :D
BTW: Thanks for Answears, it was a little tricks with those equation as I said before... :wink:
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I can't stand to see all the suffering the anticipation is causing... :roll:
Here is the answer to Q1:
[code:1:704ef80932]
{ Variables }
half:= 0.5;
two:= 2;
{ Equation }
HalfOfTwoPlusTwo:= half * two + two;
{ Plot answer in its own window }
HalfOfTwoPlusTwo
[/code:1:704ef80932]
jose '-)
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Hey, I guessed that! Do I get partial credit?
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Refer to Mr Boole for more info on how to solve this one, or read the MS Bible.
wabbit :D
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