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I would like to be able to make a selection of stocks - Based on Top
20% Turnover.
After Looking at the UserGuide and Downloadable AB Archives I have
created the following AFL..
Using the AddToComposite function and running a Scan then Explore,
I can't seem to be able to get the AddToComposite part to work.
Perhaps I am tring to make a Square Wheel Roll, If there is an easier
way of Ranking/Selection - Please do tell!
Also, I have AA set to "Last 1 Quotation".
/* Aimed Percentage to select (APS %) */
APS = 20;
AP = ((100 - aps)/100);
Filter = 1;
TurnOver = MA(Close * Volume,32);
AddColumn(TurnOver, "TurnOver", 1.2);
AddColumn(AP, "AP", 1.2);
/* AddToComposite statements are for Automatic Analysis -> Scan */
/* add Close price to our index OHLC fields */
/* Make ATC a Highest Value - Doesn't Work... */
FC = Foreign( "~MyIndex", "V");
aTO = IIf (TurnOver > FC,(Turnover - fc), 0);
// Can't figure out why this doesnt
// increase V. Perhaps Circular?
AddToComposite(aTO, "~MyIndex", "V" );
/* add one to open intest field (we use this field as a counter) */
AddToComposite( 1, "~MyIndex", "I" );
Buy = 0; // required by scan mode
/* this part is for Indicator Builder */
// Graph0 = Foreign( "~MyIndex", "C" )/Foreign( "~MyIndex", "I" );
FT = Foreign( "~MyIndex", "V");
IT = Foreign( "~MyIndex", "I" );
AddColumn(FT,"FT-ForeignTally",1.2);
AddColumn(IT,"CounterTally",1.2);
AddColumn(aTO,"To Add",1.2);
//Filter = Turnover > (Foreign( "~MyIndex", "V" ) * ap);
Any Help Appreciated.
KR
Michael.
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