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Hi,
I'm really sorry if my question has been already asked...
So, I'd like to have the value of an indicator, or a variable, to be conditional!
For example, the condition should be: dayofmonth()<>ref(dayofmonth(),-) or something like C>5, and the value of the indicator will only be present if the condition is true.
I don't want to have any value (like 0) if the condition is not true.
Is it possible with Metastock
Thanks
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Rank: Advanced Member
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Unfortunately, once MS starts assigning values to an indicator, those values must exist either as a 'true' value or zero.
It is possible for example to create an indicator that can return NA values for say the first 50 bars on the chart and the last 50 bars on the chart, but all the bars in between MUST have a value; any value or zero.
There are a couple of techniques using the indicator formatting to hide the unwanted data, but these can sometimes lead to problems on charts of any penny-dreadfuls. You can try this yourself by changing the indicator line type to points and the size to say, 4 and then set the minimum y-scale value to a value so that you cannot see the zero values. You should now be left with a chart where the conditional indicator values are shown, but the zero values are hidden below the bottom of the chart area.
You can do another trick using another line constantly set at zero, plot this line after the conditional indicator and make this line invisible. It will overwrite the conditiional line making it too invisible.
If you need any more help, just ask.
Hope this helps.
wabbit [:D]
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Rank: Advanced Member
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"too invisible"? :-D
Is there a less severe version, such as half-invisible? :)
jose '-)
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Rank: Newbie
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Thanks for your help Wabbit,
Do you think it's possible to "export" those conditional value, and then "import" it after.
Something like that:
extfml("ExportIt",condition, destination_file,value);
Myvalue:=extfml("ImportIt",destination_file);
mov(Myvalue,10,s) {or whatever I want}
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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)
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fredcom3
You could, but why would you want to? The way MS works this would do nothing except use up valuable disk space and processor time. It would have the same result as:
x:=1;
y:=x;
Obviously, I am still at a loss about exactly what you are trying to achieve. Perhaps you coule provide a more thorough explanation of what it is you are trying to do and maybe all your code; we might have better ways to achieve your aim once we know where we are going!
If you want to discuss this matter offline, feel free to contact me by other means.
wabbit [:D]
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Rank: Newbie
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Location: FRANCE
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Thanks for your attention wabitt.
Imagine that I've a 1minute chart datas and I want the bollingerTop on a 60minutes periodicity in the same chart...
I can write an indicator to have the Close every Minute()=00, but it's not a way to obtain the value of a BollingerTop on a 60minutes basis, because there is information(value) at Time 01, 02,...
For example:
x:=if(Minute()=0,C,0);
boll:=bbandtop(x,20,2); {didn't give me a bbandtop in a 60minutes basis}
I think I've found a solution.
Please, if you have time, have a look at this discussion : http://forum.equis.com/forums/23072/ShowThread.aspx#23072
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