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Can anybody have idea of implementing demarks support/Resistance lines in metastock..??
sample image by manual placing lines is shown...
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From what I can see in your chart and from what I know from having tried to code this "concept" for previous clients, you need to do lots more work on defining your counters. Once you have done this, you can then find the instance when a setup is complete and then go back to the first bar in that setup and find the highest of the high for bar 1 vs the previous bar close for TDST Resistance, or the lowest of the low for bar 1 vs the previous close for TDST support. The use of ValueWhen() will be invaluable to you, or the forum.dll variable Ref() function.
wabbit [:D]
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Rank: Member
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Joined: 7/16/2011(UTC)
Posts: 12
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Dear wabbit,
Thanks..ok..will try to do it..thanks for a direction....
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