RE: Multi-time frame explorations

["Adrian Pitt" <apitt@xxxxxxxxxxxxx>]

Thanks Pierre...that seemed to have fixed the problem.  Although I now
question what it means to load the minimum number of periods when it arrives
at an incorrect solution.  By definition there is an error here.  If a 14
day RSI needs 14 days to calculate it, then 14 days is all it should need.
If it needs more then it should be loaded as well.  Loading 250 days seems
ludicrous to me to have to arrive at a correct 14 day RSI.

Adrian

> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Pierre Tremblay
> Sent: Monday, 31 December 2001 4:22 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Multi-time frame explorations
>
>
> Adrian,
>
> You should have the same number of records (days or weeks) used
> in exploration
> than in your chart.
>
> In Explorer Options, you probably have LOAD MINIMUM RECORDS
> checked. Instead use
> LOAD 250 RECORDS if you have 250 days or weeks loaded in your chart.
>
> Then you should get the same number for RSI in the exploration
> and in your chart
> !
>
> Pierre Tremblay
>
>
>
> Adrian Pitt a écrit :
>
> > Pierre,
> >
> > I think you might be right...thanks ;-)  Its an extra stop but not a
> > complicated
> > or time consuming one.  Only one problem. I just did a simple
> test and it
> > couldnt
> > even prosuce correct results.  I did a test for RSI(14) < 50 on
> weekly first
> > then
> > ran it again using the last exploration fro daily timeframe.
> And it seemed
> > to produce
> > a nice list of a few stocks but I thought lets check the RSI
> numbers against
> > a real
> > chart with a 14 day RSI...ooops....they dont match!!!  Exploration is
> > somehow creating
> > different RSI numbers than a simple graph of the RSI.  How can this be?
> > This is about
> > as simple a test I can do, but it gives me wrong answers.  How can I
> > possibly trust it
> > to work on more complicated calculations?  This is a MAJOR flaw unless I
> > have made a
> > mistake somewhere. Perhaps someone else could do there own test
> to confirm
> > or deny
> > my conclusions.
> >
> > Adrian
> >
> > > -----Original Message-----
> > > From: owner-metastock@xxxxxxxxxxxxx
> > > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Pierre Tremblay
> > > Sent: Monday, 31 December 2001 6:49 AM
> > > To: metastock@xxxxxxxxxxxxx
> > > Subject: Re: Multi-time frame explorations
> > >
> > >
> > > Adrian,
> > >
> > > You can do that with MS 7.0 and later :
> > >
> > > First, you choose weekly as exploration periodicity in
> OPTIONS. You run
> > > your exploration with RSI(14) < 30 in the filter.
> > >
> > > Now, you have the result for your weekly data. Then you change
> > > exploration periodicity to daily. OK and OK again. EXPLORE and now you
> > > check the case USE RESULTS FROM LAST EXPLORATION. You will
> have results
> > > for RSI(14) < 30 weekly and daily.
> > >
> > > Pierre Tremblay
> > >
> > > Adrian Pitt a écrit :
> > >
> > > > Can someone inform me if its possible to do multi-timeframe
> > > > explorationsin Metastock.  Such as doing a search for
> stocks that have
> > > > an RSI < 30 on thedaily and an RSI < 30 on the weekly.  Its my
> > > > perception from looking at theprogram that you can't.  Am I missing
> > > > something obvious?Thanks in Advance,Adrian
> > >
>