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Dumb of me--Metastock/s alert == AB's Hold.
Bob
-----Original Message-----
From: Bob Jagow [mailto:bjagow@xxxxxxxxxxxxxxx]
Sent: Saturday, December 18, 2004 4:27 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: RE: [amibroker] Help with Dave Landry's Metastock 2/20 EMA
Breakout System
Forgot to address your 2nd question, Joe.
Metastock usage is Alert(signal, delay), so I guess Landry wants a 10-bar
delay.
I have his swing-trading book but couldn't confirm that in a quick look.
Bob
-----Original Message-----
From: Joseph Landry [mailto:jelandry@xxxxxxxxxxxxx]
Sent: Saturday, December 18, 2004 3:16 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Help with Dave Landry's Metastock 2/20 EMA Breakout
System
I'm looking for some help in decoding the attached statement
especially this piece
Alert(Cross(Sum(L > Mov(C,20,E),2) = 2,.5),10)
I'm assuming that the Cross and the Sum func statement work
essentially like AB AFL but I don't understand the use of .5 in
the Cross statement or the 10 in the ALERT statement. I was not
successful in finding online assistance in the Metastock langugage
and if you have the time I would appreciate understanding how these
specific statements work in Metastock CROSS, SUM, and ALERT.
If you can translate the attached it would be greatly appreciated as
well; or if you can point me to an on line source of the Metastock
language.
I was trying to see if there was an idea or two that would help me
in End of Day trading the ETFs in confirming breakouts. This I know
is for FOREX trading hence the 10 ticks statement.
Thanks in advance
Joe Landry
>>>>>>>>>>>>>>>>>>>>>>>>>>>>> <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
http://www.arbtrading.com/emabreakout.htm
Enter Long
Alert(Cross(Sum(L > Mov(C,20,E),2) = 2,.5),10) AND HIGH >= Peak
(1,Cross(Sum(L > Mov(C,20,E),2) = 2,.5) *HHV(H,2),1) + .001{10
ticks} AND BarsSince(Cross(Sum(L > Mov(C,20,E),2) = 2,.5)) <
BarsSince(LOW <= Mov(C,20,E))
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