Registered User
Joined: 10/7/2004
Posts: 206
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This is a Metastock formula. I would like to duplicate it in stockfinder 5.
X:=Zig(C,5,%);
X>Ref(X,-1)
AND
Ref(X,-1)<Ref(X,-2);
TIA Hottrader
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I don't speak Metastock. That said, I'm guessing it is designed to identify the bottom points in a Zig Zag Indicator (which should never be used in backtesting as the Indicator relies on future data).
You should be able to Open an attached Indicator directly into a running copy of StockFinder 5 (and save it from within StockFinder 5 if desired). You could also Save it to the \My Documents\StockFinder5\(Your Username)\My Indicators\ folder and then load it like you would any other Indicator (or Copy and Paste it there from wherever it Saves if you can't specify the destination directory when Saving).Attachments:
Zig Zag Bottom.sfRuleRC - 6 KB, downloaded 391 time(s).
Zig Zag Top.sfRuleRC - 6 KB, downloaded 397 time(s).
-Bruce
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Registered User
Joined: 10/7/2004
Posts: 206
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Thanks Bruce
The formula that I sent was a go long signal that produces the etaslist conformation possible for entry points. Can you provide the formula for the go short (Zig Zag Top) signal? I combine them with another custom formula that alows me to trade the genarated signals with a very high percentade of winning trades and very high W/L ratios.
TIA Hottrader
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I've added a Zig Zag Top Condition to the original post. Please keep in mind that the Zig Zag Indicator should never be used in backtesting as the Indicator relies on future data.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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