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Greetings:
I have a very simple system i would like to write in metastock, but i am
lousy at programming. Any help is hugely appreciated.
Following is the system in english stated 2 ways:
first way:
Buys: 1) requires the average close of x days to be greater than the same
average close y days ago. 2) requires the close to be less than the close y
days ago. 3) requires the close to be greater than the close y + x days ago.
Then buy on the open the next day.
Sells are the inverse of the buys and the system simply reverses upon a new
signal. Protective stops have not been determined.
Now in plain english (I think): let x = a 20 period exponential ma, and y is
a 20 period exponential ma displaced by 4 periods. Then the average close of
the previous 20 days must be greater (for buys) than the average close of the
last 20 days starting 4 days ago. Then today's closing price must be less
than the closing price 4 days ago. Finally, the close must also be greater
than the close of 24 day's ago.
I tried to program this but do not know how to formulate a displaced ma in
metastock. Thanx for any help folks.
Sincerely,
KM
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