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Correction to the Reply to Hum's 52-wk Hi-Lo Query



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Hum, 

Sorry, I made a small mistake. For the second filter, I forgot to put
the multiple of 2, it should read as

ColB >= 2*ColC

I have corrected the filter in my original post (reproduced below). I'm
very sorry, it was a careless mistake on my part. Any inconvenience
caused to anyone due to this is deeply regretted.

I have run it and checked it. It was found to be working OK.

Regards,

Rajat

> Hum,
> 
> Try this one. I'm writing the explorer query right
> now--I haven't yet
> got the opportunity to test it myself. Hope it would
> work.
> 
> ColA: {Close}C;
> ColB: {52-week High} HighestSince(1,
> (DayOfMonth()=08  AND Month()=05
> AND Year()=1998), H);
> ColC: {52-week Low} LowestSince(1, (DayOfMonth()=08
> AND Month()=05 AND
> Year()=1998), L);
> 
> Filter (for your question 1): ColA >= (0.9*(ColB)) 
> Filter (for your question 2): ColB >= 2*ColC
> 
> If you want both the conditions to be satisfied in
> the same query, just
> join the two filters by the AND operator:
> 
> Filter: ((colA >= (0.9*(colB))) AND (colB >= (2*colC)))
> 
> One problem with the 52-wk High and 52-wk Low
> formula--everyday you got
> to change the values for dayofmonth(), Month() and
> Year() functions.
> The formula given above takes that you would be
> running the query on
> May 07, 1999. Change the values of the above
> functions accordingly.
> 
> I could have used the Input function in Metastock
> but so far as I know,
> if formulas with Input functions are run, Metastock
> considers only the
> default values--that doesn't help in this case.
> 
> In this context, I suggest you read Ton's response
> to my post regarding
> your earlier query. He has rightly raised some
> pertinent issues and has
> given your query a new shape in the form of a highly
> interesting
> indicator. May be this time too, he and/or someone
> else on the list
> would offer some refinement.
> 
> Thanks for your query ideas.
> 
> Regards,
> 
> Rajat
> 
> 
> --- Humphrey D Geiseb <okombahe@xxxxxxxxx> wrote:
> > Thanks very much for your suggested explorer: It
> > works
> > great.  Can you help me out with the following
> one:
> > 
> > i. to select stocks where the close is within 10%
> of
> > the 52 week high and
> > ii. where the 52 week high is double the 52 week
> > low.
> > 
> > thanz for help in advance.
> > 
> > hum
> > 
> >
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> 
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