Re: [amibroker] Going Long when ROC of Subsector is Positive - HELP

[Graham <kavemanperth@xxxxxxxxx>]

you could try something like this for composite ticker ~XX

setforeign("~XX");
Confirm = Roc(c,50)>0;
restorepricearrays();

buy = TickerBuyConditions and Confirm;

On 7/27/05, kiasap <alllovem@xxxxxxxxx> wrote:
> Many people buy stocks only when their group (sector or industry)
> shows some strength). I am interested in this approach and I would
> appreciate any help (including a reference) in writing a formula to
> accomplish this with subsectors in AB. By a subsector in AB I mean any
> member of a sector listed in AB. For instance, "Energy-Alternatives"
> is a subsector of the "Energy" sector.
> I want AB to scan for stocks (satisfying some additional conditions)
> only when the corresponding Subsectors have a positive ROC in a given
> period.
> 
> Using the AddComposite function I have created the data (Closing
> prices) for the Subsectors. Suppose that ~XX is a Subsector containing
> stock X. I want X in the results only if ROC(Foreign("~XX", "C"), 50) > 0;
> 
> Thank you,
> 
> Jim
> 
> 
> 
> 
> 
> 
> 
> 
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
> 
> For other support material please check also:
> http://www.amibroker.com/support.html
> 
> 
> Yahoo! Groups Links
> 
> 
> 
> 
> 
> 
> 
> 


-- 
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
http://e-wire.net.au/~eb_kavan/ab_write.htm


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