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last year an article in futures magazine came out with a formula they
called "doublekey" based on daily price movements.
equis helped in trasposing it to a metastock formula, but i can't
remember if it generated buy or sell signals, and it gave only a few
signals in a year-
i use it to alert me to stocks that generated this signal and further
analysis ( any advice is welcome)
DOUBLE KEY:
(Ref(H,-1)>Ref(H,-2) AND Ref(C,-1)<Ref(C,-2) AND C<Ref(C,-1) AND
H>Ref(H,-1) AND L<Ref(L,-1) AND Ref(C>((H-L)*.75)+L,-2)) OR
(Ref(L,-1)<Ref(L,-2) AND Ref(C,-1)>Ref(C,-2) AND C>Ref(C,-1) AND
H>Ref(H,-1) AND L<Ref(L,-1) AND Ref(C<((H-L)*.25)+L,-2))
latest signals: ABT WMT SPX
mike arnoldi
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