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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (97469)5/13/2000 1:12:00 AM
From: MrBuzz  Read Replies (2) of 120523
 
Something I found amusing from the Metastock Help File after amusing myself today writing functions....

Function ref(DATA ARRAY, PERIODS)

References a previous or subsequent element in a DATA ARRAY. A positive PERIOD references "n" periods in the future; a negative PERIOD references "n" periods ago.
EXAMPLE The formula "ref( CLOSE, -12 )" returns the closing price 12 periods ago. Thus, you could write the 12-day price rate-of-change (expressed in points) as "C - ref( C, -12 )." The formula "ref( C, +12 )" returns the closing price 12 periods ahead.

My lord. A function that gives you tomorrow's price!
Just kidding.

Thanks for the link... looks good.

MrBuzz :o)
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