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For the experts of Metastock


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For the experts of Metastock

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Shaban
Turin + Italy
 
 
Posts: 115 since Feb 2020
Thanks: 13 given, 67 received

Hi,

in this site:

https://www.wisestocktrader.com/indicators/5722-automatic-support-and-resistance-by-mel-widner-for-metastock

there are the Metastock formulas of the indicator: Automatic Support and Resistance by Mel Widner, of which one can import the relative
MS90FORM.DTA file (or it is possible to import the various Indicators: R1, R2,.....S1, S2, ....ma one by one), but when I insert in the chart
the various indicators one by one (except R1 which is correctly inserted in the chart), with the other indicators: R2, R3,.....S1, S2, ..etc..,
the window appears: Scaling Options For...where I confirm: Display new scale on left, and the various indicators remain in the upper part above the chart (see image 1), instead of appearing as in the example on the site (see image 2):

If someone can solve the problem....thanks a lot.





I report here for convenience the various formulas of the Indicators to be imported one by one in Metastock;
the indicators S1 through S6 and R1 through R6 should be plotted as points and not as a continuous line;
the Indicators: WSO and WRO should be inserted in a new window.

-----------------------------------------------------------------------------
Indicators:

S1:IF(Ref(LOW,-4)=LLV(LOW,9),Ref(LOW,-4),PREVIOUS)
S2:IF(Fml("S1")=Ref(Fml("S1"),-1),PREVIOUS,Ref(Fml("S1"),-1))
S3:IF(Fml("S1")=Ref(Fml("S1"),-1),PREVIOUS,Ref(Fml("S2"),-1))
S4:IF(Fml("S1")=Ref(Fml("S1"),-1),PREVIOUS,Ref(Fml("S3"),-1))
S5:IF(Fml("S1")=Ref(Fml("S1"),-1),PREVIOUS,Ref(Fml("S4"),-1))
S6:IF(Fml("S1")=Ref(Fml("S1"),-1),PREVIOUS,Ref(Fml("S5"),-1))

-----------------------------------------------------------------------------

R1:IF(Ref(HIGH,-4)=HHV(HIGH,9),Ref(HIGH,-4),PREVIOUS)
R2:IF(Fml("R1")=Ref(Fml("R1"),-1),PREVIOUS,Ref(Fml("R1"),-1))
R3:IF(Fml("R1")=Ref(Fml("R1"),-1),PREVIOUS,Ref(Fml("R2"),-1))
R4:IF(Fml("R1")=Ref(Fml("R1"),-1),PREVIOUS,Ref(Fml("R3"),-1))
R5:IF(Fml("R1")=Ref(Fml("R1"),-1),PREVIOUS,Ref(Fml("R4"),-1))
R6:IF(Fml("R1")=Ref(Fml("R1"),-1),PREVIOUS,Ref(Fml("R5"),-1))

------------------------------------------------------------------------------

WSO:
100*(1-(
Int(Fml("S1")/CLOSE) + Int(Fml("S2")/CLOSE) +
Int(Fml("S3")/CLOSE) + Int(Fml("S4")/CLOSE) +
Int(Fml("S5")/CLOSE) + Int(Fml("S6")/CLOSE)) / 6)

------------------------------------------------------------------------------

WRO:
100*(1-(
Int(Fml("R1")/CLOSE) + Int(Fml("R2")/CLOSE) +
Int(Fml("R3")/CLOSE) + Int(Fml("R4")/CLOSE) +
Int(Fml("R5")/CLOSE) + Int(Fml("R6")/CLOSE)) / 6)

--------------------------------------------------------------------------------

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