Rank: Newbie
Groups: Registered, Registered Users Joined: 12/24/2006(UTC) Posts: 2
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maybe you can help me..i need to plot as "points" (LIKE THE SAR)the moving average on graph (Mov(L,8,E)) only if this two condition are true:
C>Mov(H,10,E)OR O>Mov(L,8,E)
i've tried to write down the formula but i cannot find the way to say to metastock to not plot the points where the above condition are not true...
here my formula:
If(C>Mov(H,10,E)OR O>Mov(L,8,E),Mov(L,8,E),false)
as you see the problem in the above is that the "false" or "0" that i want to avoid since it plots zero value when condition in not true creating a "compression" of view of the graph that hurts me a lot in analyzing stocks!!!!
can you help me in refining the formula? i hope to have explained well the problem
many tks
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 8/13/2005(UTC) Posts: 170
Thanks: 7 times
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Robytrav,
Normally these kind of indivators gives1 ,0 in a seperate window , so exploration can be also done to single out prospective candidates, however if you want it to be on the chart then put a larger time frame mov avg say 50 in your false condition.
Asish
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Rank: Newbie
Groups: Registered, Registered Users Joined: 12/24/2006(UTC) Posts: 2
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many tks asish
it's a good way to avoid the problem
bye
robytrav
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