|
PureBytes Links
Trading Reference Links
|
Larry,
This formula is out of December 2001 technical analysis of stocks and
commodities, Under Metastock: finding Key reversals, pg. 99.
there formula is : L < ref ( L, -1 ) and c > ref( c,-1) and c < h
this was based on an article by Massimiliano Scorpio : Finding Key
Reversals
Article wording :
" A key reversal up day is represented by a bar where the low is lower
than the previous low and the close is higher than the previous close
and the close must also be lower than the high."
Do you have some reference material describing these patterns and
formulas. Please point me in the direction of some reference.
Is it possible there are a number of different formulas relating to the
same pattern.
I would assume that the formula in TASC would be correct both by the
author and by Metastock.
Thank you
Anthony
Yahoo wrote:
> Anthony,Your key reversal formula is not quite correct.The correct
> formula is: KRbuy=O<ref(C,-1) AND L<ref(L,-1) AND C>ref(H,-1);i.e. The
> bar must open below yesterday's close, today's low must be below
> yesterday's low and today's close must be above yesterday's
> high.Regards,Larry
>
> -----Original Message-----
> From: Anthony Faragasso [mailto:ajf1111@x...]
> Sent: Thursday, 29 November 2001 03:19
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] PATTERN FORMULAS
>
>
> 1. Key reversal : (c > ref(c,-1) and (L < ref(L,-1) and ( c
> < h )));
>
>
>
>
>
> Yahoo! Groups Sponsor
ADVERTISEMENT
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|