in Search

Custom indicator exploration

Last post 03-01-2007, 10:20 by mozillan. 4 replies.
Sort Posts: Previous Next
  •  02-22-2007, 19:26 23067

    Custom indicator exploration

    Hi everyone!!
    I am new to MS and this forum. I got pretty excited using RBS (Ramona Bands System) indicator. Is it possible to create an exploration/ formula in MS 9 that will run through all securities and report those that are showing an upward RBS trend. To be more precise, when the previous day's RBS value is lower than the current day's value? Any and all help appreciated.
  •  02-22-2007, 20:25 23068 in reply to 23067

    Re: Custom indicator exploration

    Hi there and welcome to the Forum,

    One of the things you will learn around here is the importance we place on people doing their own reading.

    You might like to start of by reading the MetaStock Users Manual which contains a lot of really useful information, then you might read and do the exercises in the free Equis Formula Primer (available from the files section) and then you might like to read the RBS instructions that Jose posted from the RBS thread:

    http://forum.equis.com/forums/thread/22845.aspx

    Look for the bit that says, "Instructions (please read first!)"  Then appropriate click the link and read down to the part where it says:

    "This system's signals must not be traded under any circumstances - no exceptions!  It is only intended as an excitory & educational aid."

    Reading the rest of the RBS thread will lead to the same conclusions.


    Hope this helps.

    wabbit Big Smile [:D]



    "The question of whether a computer can think is no more interesting than the question of whether a submarine can swim."
    Edsgar W. Dijkstra

     

    MS: 6.52 EOD, 7.x EOD, 8.0 PRO, 9.2 PRO w/QC, 10 PRO w/QC C, 11 PRO w/QC & MDK
    For custom MetaStock programming : http://www.wabbit.com.au
    My SkyPE status :
    My SkyPE account : wabbit.com.au

  •  02-23-2007, 2:06 23071 in reply to 23067

    Re: Custom indicator exploration

    Hello and welcome,

    One advice if u allow me, if u wanna became high skilled with metastock then at the beginning it should be only u and metastock help, forget about forums because u are not in the stage of forum help. Metastock Help section will tell u everything u need to know and more than that if your IQ allows.  

  •  02-23-2007, 16:12 23088 in reply to 23067

    Re: Custom indicator exploration

    Mozillan, go for it!  Then once you get RBS up and running, let's get together.  I want to trade against you.  ;-)


    When you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed. - Ayn Rand
  •  03-01-2007, 10:20 23150 in reply to 23068

    Re: Custom indicator exploration

    Thanks guys!!

    Thanks, Wabbit and the others for your advice. Sorry for the late response. I have already been told by Jose in another forum, Trade2win, that RBS was a joke. Reading the Metastock help was a bit tiring, so I took a shortcut, but as we all know, many times shortcuts lead to nowhere. Thanks, anyhow.

View as RSS news feed in XML