Re: stocks closing above 60-day high

["A.J. Maas" <anthmaas@xxxxxx>]

Error !.

***Why not include a check for today's close (or high) as well, eg if/when available?***

Using the Ref-function here in the way that it is formulated (the "minus last day", eg
the -1 using the one period before's value), will not give a you a
"60-day highest closings (or highest highs) indicator"-value, eg as the last known
values (eg today's) are not included in your scan or in your binairy wave indicator.

Thus, this should read, in your examples, as follows:
close>hhv(close,60)
and
close>hhv(high,60)
eg if you want todays values to be checked or scanned as well as the historical
59 days (59+1=60).

Now, if you collect your data tonight and also under normal bourseday's conditions
(no exchange holidays), you will be collecting today's data:
the close and high made today.
Then, if you run the 60-day Highest Closings (or Highest Highs) Values-indicator
(the binairy wave) or run the above formulas as a scan (the exploration), against
your Mestastock-database, only then you will have your
"stocks closing above their 60-days close (or high) values"
being returned and your question fully answered.

Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.


----- Original Message ----- 
From: d.orlow <orlow@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: donderdag 6 mei 1999 13:09
Subject: Re: stocks closing above 60-day high


> >how do I check for stocks closing above their 60-day highs in MSWIN?
> 
> In the Exploration filter area, place the following formulas.....
> 
> 
> if you want those that are closing above the 60-day high of the close:
> 
> close>ref(hhv(close,60),-1)
> 
> if you want those that are closing above the 60-day intraday high:
> 
> close>ref(hhv(high,60),-1)
> 
> Haven't verified these, but I think they'll be fine.
> Debra
> 
>