Rank: Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/4/2007(UTC)
Posts: 11
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Hello Equis&Reuters population,
Can anyone help what´s wrong with my first formula>
Cross(LinearReg(C,5), LinearReg(C,13))
It plots the cross correctly, so simple cross of 2 indicators with different
timezones, but for some reason when I add the same indicator for Expert
trends section to dwaw a green and red line, those lines are not allways
marked correctly when cross occures. I am using EOD data.
Bullish
Cross(LinearReg(C,5), LinearReg(C,13))
Bearish
Cross(LinearReg(C,13), LinearReg(C,5))
Does it something to do that I use Close price and with EOD data these crosses
perhaps happened during the day ?
Also, I would really appreciate if someone could give me example how to use "div" (divergence)
formula ie. with LinearReg.
Regards,
Vega
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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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Hi Vega... To start with, the code you have provided should not be used in an expert Advisor Trends section, use this instead: Bullish LinearReg(C,5)>LinearReg(C,13) Bearish LinearReg(C,5)<LinearReg(C,13) Your code was triggered on particular bars and was more suited to being used as a highlight or symbol. Trends usually cover a range, so the above code is more suited. Please have a read of the MS Users Manual to find out more on creating experts. As for the Div() code, I would steer well clear of it as it uses dynamic indicators (ZigZag) in its construction, which means it connot be traded in real life. If you are looking for divergences I strongly suggest you look at purchasing Jose Silva's All-In-One divergence kit, see: http://www.metastocktools.com/MACDH/96diverg.htm
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/1/2006(UTC)
Posts: 135
Location: Romania
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Vega,
1.ur formulas are corect and the expert advisor its corectly marking those crosses on the chart.
2. Also the divergence function uses zig zag and it is uselles.
3. U really should read metastock help because all answes are there.
4. if u really want it here it is: divergence(c,linearreg(c,13),0.5)
cheers
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