Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 6/30/2007(UTC) Posts: 3
|
Does anyone have the metastock formula that is used in the Steve Nison Above Stomach and Below Stomach experts?
Thanks for your help.
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 10/28/2004(UTC) Posts: 3,111 Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
|
Programming candlestick patterns can be exceptionally finicky. If you consider that on any bar there are four data "items", OHLC, so there are 'X' combinations which could result in candle formations. Things just get more compliciated if you assume >, >=, =, <= < comparative possibilities too; then there are the "rules" to be incorporated too... O > H {illegal} O >= H {illegal if O>H} O = H O <= H O < H O > L O >= L O = L O <= L {same as O=L} O < L {illegal} O > C
O >= C
O = C
O <= C
O < C
H > L
H >= L {if H=L, then O=H=L=C}
H = L {as above}
H <= L {same as H=L}
H < L {illegal}
etc etc and it just goes on from there! Add another candle and its 'X' possibilities and multiply this with
the previous candle possibilities, leaving a massive matrix of possibilities in a two-bar
pattern. There are three-bar and more-bar patterns too! Very few candle patterns have specific defintions; some definitions include vague terms too, like "long body". How long is long? Over what time period is long determined? Here is a website explaining some of the patterns Nison uses. Look carefully at the required patterns and see if you can code them for yourself: http://solar.murty.net/~murty/candles/
|
|
|
|
Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 6/30/2007(UTC) Posts: 3
|
Thanks, Wabbit.
But I guess what I need is the pivot bar formula that Nison uses in the Candlesticks Unleashed above and below stomach experts or someway to combine the two experts.
I want to combine the pivot bar buy and sell signals into one expert so I can see both pivots but I can't since the two experts are password protected and I can't find a password in the material.
Any help would be appreciated.
Wally
|
|
|
|
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.