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Re: [Metastockusers] Formula



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Hi Debra,
Yes, you can do all those things...but you have to define what you are asking 
for in precise terms. For example:
1. a breakout from congestion
     Close 1 point higher than the highest high of the past 30 trading days.
2. heavy volume
     Today's volume >120% of the highest volume for the past 30 trading days. 
 3. price gaps in the direction of the breakout:
     Today's low> 1 point above yesterday's high = +1
      Today's high < 1 point below yesterday's low = -1

Good luck,
Joe Nemecek

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