Metastock Formula

prabhjeetrana · #61 19th June 2008, 01:11 PM

Quote:

Originally Posted by darsh_goswami

Venkatan ,..
Simply go to www.equis.com

Prabhjeet ,.. sorry i can not help u much as i could not understand what u wanna know.

Vishal,.. May be my mind is out of order as i could not understand ur logic also.

Regards,..
DArsh

I have posted the chart with explaination, hope I make some sense to you

darsh_goswami · #62 20th June 2008, 03:34 PM

Quote:

Originally Posted by prabhjeetrana

I have posted the chart with explaination, hope I make some sense to you

Ok,..i got you .. but i guess it requires DLL coding ,.. and i m not into it ,.. or may be Oxus can help u .

Regards,..
Darsh

AW10 · #63 21st June 2008, 01:29 AM

Quote:

Originally Posted by prabhjeetrana

I have posted the chart with explaination, hope I make some sense to you

As a workaround to this issue, you can use Point and Figure chart. MS has the facility to draw a scrip price in P&F format.

Below is the definition of P&F taken from investopedia (excuse me if you are already aware of this)
=========
"Point and figure charts are composed of a number of columns that either consist of a series of stacked Xs or Os. A column of Xs is used to illustrate a rising price, while Os represent a falling price. As you can see from the chart below, this type of chart is used to filter out non-significant price movements, and enables the trader to easily determine critical support and resistance levels. Traders will place orders when the price moves beyond identified support/resistance levels.

Investopedia Says... Additional points are added to the chart once the price changes by more than a predefined amount (known as the box size). For example, if the box size is set to equal one and the price of the asset is $15, then another X will be added to the stack of Xs once the price surpasses $16. Each column consists of only one letter (either X or O) - never both. New columns are placed to the right of the previous column and are only added once the price changes direction by more than a predefined reversal amount."
========
It is possible to mention in MS Parameters to start new column whenever price change by x%.

I was amazed by simplicity of P&F chart and ease of identification of trading signals.
I use this in finding the signals.
Hope this helps. I will be happy to share my experience /knowledge on this.

Happy Trading

GINESH · #64 21st June 2008, 03:11 PM

Hai i am new to this site

can anyone help me from where to download histrocial EOD data of NSE in metastock format

PLS ANY ONE HELP ME

darsh_goswami · #65 24th June 2008, 11:33 PM

Quote:

Originally Posted by GINESH

Hai i am new to this site

can anyone help me from where to download histrocial EOD data of NSE in metastock format

PLS ANY ONE HELP ME

Welcome Ginesh ,..

Yes We r here to help u always.

Simply go to y@h00 groups , a group called bse-nse2005 provides EOD data for both bse n nse along with commodity , futures and options.

Files will be in TXT mode so u can convert them with the ease of The downloader.

Simple,..
Enjoy ,.. it free...
Regards,..
Darsh

rvina2 · #66 13th August 2008, 03:04 PM

can any of the seniors pls help me with formula for Mabiuts indicator for Metastock explorer( originally provided by Karthik Sir in his thread Experiments in Technical Analysis ). I managed to put it in Meta Expert but unable to put it in explorer as i am not able understand it.
Kindly help,

thanx
veena

rvina2 · #67 14th August 2008, 11:59 AM

Hi prabhjeetrana,
need a help , I am using Meta 10 v eod. does it support open interest data becoz when i am puting formula in indicator editor its showing error msg

regards
veena

darsh_goswami · #68 14th August 2008, 07:08 PM

Quote:

Originally Posted by rvina2

Hi prabhjeetrana,
need a help , I am using Meta 10 v eod. does it support open interest data becoz when i am puting formula in indicator editor its showing error msg

regards
veena

Yes it does ,..

Make sure ur database consists Open interest data.

If it does then simply drag and drop OI indicator into the volume pane ,..

It should work for u.

And if ur putting any formulle then the syntex is OI , there is nothing else u shd add.

Ask if u have further queries.
Regards,..
Darsh

vivek.rathi · #69 17th August 2008, 07:47 PM

Hello all
i am working on trends,
A trend is up if its ema of current period is greater then the ema of the last period and vice versa.

Now suppose i have defined Bull:=(MOV(C,3,E);

now what i want is that it calculates the previous period value of the bull and and if the privious period value is less then the current period value then the trend is up and vice versa.

i cannot find any function to calculate the previous bar value

What i want is to work with loop or if there is any other way pls guide me.
thanks in advance

JAIN · #70 17th August 2008, 08:22 PM

Hi everybody

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The Following 2 Users Say Thank You to darsh_goswami For This Useful Post:
drpsiva (16th August 2008), rvina2 (17th August 2008)