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Hello Nick,
As far as I know you can do this in 2 ways: via an Expert and via the
Explorer.
Formulas:
H > Ref(HHV(H,20),-1)
L < Ref(LLV(L,20),-1)
Expert:
Create a new Expert Adviser (Expert Adviser button, New... ) and put the
above formulas in an alert. If you want to combine to 2 formulas, use the
AND keyword.
Explorer:
Create a new Exploration (The Explorer button, New... ) and put the
following formulas in 2 columns (A and B)
colA If(H > Ref(HHV(H,20),-1),1,0)
colB If(L < Ref(LLV(L,20),-1),1,0)
Filter colA = 1 AND/OR colB =1
With the filter choose between AND and OR, whatever suits your mindset.
If you have more questions, just ask.
Greetings,
Jan Diederik
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Nick Morris
>Sent: Monday, June 29, 1998 5:59 PM
>To: metastock@xxxxxxxxxxxxx
>Subject: Formula Newbie
>
>
>I wonder if anyone can help, I have jsut started using Metastock and would
>like an alert to trigger when a security goes higher than its highest high
>of the last 20 days and goes lower than its lowest low in 20 days. If
>anyone can help it would be greatly appreciated.
>
>TIA
>
>Nick Morris
>
>aai@xxxxxxxxxxxx
>
>
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