Metastock 6.0 for Window Message Board

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Strategies & Market Trends : Metastock 6.0 for Window

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To: TA2K who wrote (3942)	11/19/2002 9:57:58 PM
From: Paul Beattie	of 4056

Nicholas, You need to create a custom indicator that has value 1 at the peaks and 0 otherwise. Then plot this indicator on the main window (overlay without scale). Go into the Properties dialog for the indicator and set Style to Histogram. This will display the vertical lines you want, from the bottom of the window to the top. How you pick off the peaks of your "mountain" indicator will depend on your need, and the behaviour of "mountain". For display purposes only, zigzag will find the peaks (because it has perfect hindsight) - but don't use it for explorations, or system tester. Other approaches that come to mind - use cross of "mountain" below a short term Moving average of "mountain", Stochastics of "mountain indicator" or StochRSI of "mountain". Post your "mountain" indicator and I'm sure someone can guide you further. Paul

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