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A Rudy Teseo piece in S.& C. magazine (V17:12)shows confirming
indicators for Candle signals. It is written for Super Charts
EasyLanguage. Can this be re-written for Metastock 7.2? It looks
very useful and if anyone out there can come up with formula I would
be delighted.
"Long Entry If"
[BullishEngulfing[LENGTH]OR Morning Star[LENGTH]OR Hammer
[LENGTH,TAIL]]and[Momentum[close,14]>0 and RSI[close,14>50 and RSI
[close,14]<70]
Buy next bar at H+1
"Long Exit If"
[BearishEngulfing[LENGTH]or EveningStar[LENGTH]or DarkCloud[LENGTH]]
or[RSI[close,14]<50 or Momentum[close,14]<0]
Exit Long next Bar at L-1
Here's hoping.
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