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Following the Metastock indicator guide. I don't have any problems, but I expected a different 'binairy wave'.
[code:1:5ca1c01ef0]If( C>Mov(C, 40 ,S),1,0)[/code:1:5ca1c01ef0]
I would expect true values of 1 or 0, however, before a change you get the values between 0 and 1, in the form of a very steep line. Can I setup Metastock to only give 0 or 1 as output?
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Rank: Advanced Member
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Try plotting your indicator in a histogram style.
Right-click on indicator plot -> Properties -> Color/Style -> Style: Histogram.
jose '-)
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Rank: Advanced Member
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Sev,
You could write this formula as {C>MOV(C,40,S)}.This will automatically plot a"1" or a"0".
With the way the "if "function is worded you are telling it to do what it will do anyway which is plot a "1" for true or a "0" for false,since is in binary form already.
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Rank: Newbie
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Posts: 4
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Jose wrote:Try plotting your indicator in a histogram style.
Right-click on indicator plot -> Properties -> Color/Style -> Style: Histogram.
jose '-)
Thanks for your tip. However I could not select histogram as display option in Metastock 8. After all, MS formula gives the correct output of either 1 or 0
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Sev, follow the instructions - it's all there in MSv8.0
Right-click on indicator plot -> Properties -> Color/Style -> Style: Histogram.
jose '-)
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