Re: Need help with an exploration

[Pierre Tremblay <pt2000@xxxxxxxxxxxxxxxx>]

Alex,

I tried your exploration and for the last friday close, I have about 83 % of
stocks rejected.

But, like Malcolm have writed, I would use "(" and ")" for your filter if you
want one of the candles be there.

The filter will be :

colA < colD AND
colA < colE AND
(ADX(14) > 30) AND
(PDI(14) < MDI(14)) AND
VOLUME > 5000 AND
(Hammer() OR InvBlackHammer() OR InvHammer() OR BullHarami() OR
BullHaramiCross() OR DojiStar() OR MorningDojiStar() OR MorningStar() OR
ShavenBottom() OR TweezerBottoms()) = 1

...and with this filter I have about 99 % of stocks rejected.

Also, some caution in using ADX in exploration : to have the same value of ADX
in exploration and on your chart, you should load the same numbers of days (if
you use EOD version). So in the Explorer, you may have to change OPTIONS.

I hope this helps,

Pierre Tremblay

Malcolm Walsh a écrit :

> I am not so seasoned a user but I may suggest that you use () to separate
> your logic "and"  "or" statements.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Ivanhoe75
> Sent: Sunday, February 11, 2001 8:38 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Need help with an exploration
>
> Hello seasoned Metastock user!
>
> I just used to create an exploration which should show me possible
> candidates for a short term bottom reverseal.
> This is my filter formula:
> colA < colD AND
> colA < colE AND
> (ADX(14) > 30) AND
> (PDI(14) < MDI(14)) AND
> VOLUME > 5000 AND
> Hammer() OR InvBlackHammer() OR InvHammer() OR BullHarami() OR
> BullHaramiCross() OR DojiStar() OR MorningDojiStar() OR MorningStar() OR
> ShavenBottom() OR TweezerBottoms() = 1
>
> ColA = Close
> ColD = Mov(Close,20,e)
> ColE = Mov(Close,40,e)
>
> The exploration refuses only a few stocks, although the criteria should be
> appropriate. I realised the problem, that MetaStock plots in ColD and E
> values which are above the close and should result in a filter rejection
> for the particular stock. But the stock is nevertheless on the
> positives-list.
>
> Does anybody have an idea what the cause for this wrong results is?
>
> Thank you very much
> Alex