If you own MetaStock you can easily convert the regular bar chart by right clicking on the price bar chart and then selecting "Three Line Break" from the "Price Style".
The Three Line Break Charts are actually Any Line Break Charts. They are not limited to just a three line reversal. You can create Two Line Break Charts, or even Eighteen Line Break Charts, if you wish.
I don't think there is an indicator for Metastock. It's most likely that people just use the chart price style option. Perhaps you could get someone to convert the attached variable line break into csv file format.
By the way, the line break method isn't an indicator. It's more a range between x number of period bar and current bar, high/low breakout... yeah probably is an indicator of price movement. Kinda like murrey math, but a little bit less complicated.
Anyway, good luck with getting the code converted to CSV.
Hollo
Could you advise me witch Meta Stock shell I choise? I would like to work as a day trader.
Thank you
Arek
Meta Stock shell?
If you want to work as a day trader, do this. Read these posts (click here), all of them.
And remember, you may loose everything you own.
Happy trading.
:whistling
I don't think there is an indicator for Metastock. It's most likely that people just use the chart price style option. Perhaps you could get someone to convert the attached variable line break into csv file format.
By the way, the line break method isn't an indicator. It's more a range between x number of period bar and current bar, high/low breakout... yeah probably is an indicator of price movement. Kinda like murrey math, but a little bit less complicated.
Anyway, good luck with getting the code converted to CSV.