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As Roy suggested a simple copy and paste.
METASTOCK: DEVELOPING HOT ZONES
This MetaStock formula is based on Massimiliano Scorpio's "Developing
Hot Zones" in this issue. To add this formula into MetaStock, click
Tools | Expert Advisor. Then Click New and enter a name for the
expert. Afterward, click the commentary tab and enter the code shown
below. When finished, click OK.
To use the expert, open any chart and right-click any empty space. On
the popup menu, select Expert Advisor | Attach. Select your expert
and then click OK. Then right-click again and chose Expert Advisor |
Commentary. You will probably need to resize the window so you can
see all the text at once. The result will look similar to Figure 2 on
the next page.
FIGURE 2: METASTOCK, HOT ZONES. Here's a sample Expert Commentary in
MetaStock.
The spacing of the numbers is controlled by the WriteVal() functions.
The spacing on the headings were done by manually adding spaces in
the text. You may need to edit the commentary a few times to get
these headings to line up correctly. A line between the table
headings and the table values can be made by underlining the heading
row.
MetaStock Expert Advisor FORMULA
{pat is a variable defined as the pattern being analyzed.
To analyze any other pattern, copy text of commentary into
a word processor and search for
pat:=
Replace the text following the equal sign with a formula defining the
desired pattern.
Make sure there is a semicolon after the definition.}
<Name>
<Symbol>
As of <Date>, writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(pat),0.0) patterns have occurred out of writeval(cum(1),0.0)
bars.
The open price, divided by zones, for the bars following the pattern
were:
Number in Percent in
Zone Zone Zone
1 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) ),25.0) writeval(pat:=
L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) ); (n/cum(pat))*100,35.2)
2 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) ),25.0)
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) );
(n/cum(pat))*100,35.2)
3 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) ),25.0)
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) );
(n/cum(pat))*100,35.2)
4 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) ),25.0)
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) );
(n/cum(pat))*100,35.2)
5 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) ),25.0)
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) );
(n/cum(pat))*100,35.2)
6 writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) ),25.0) writeval(pat:=
L<ref(l,-1) AND h>ref(h,-1);
n:=Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) ); (n/cum(pat))*100,35.2)
These are broken down in the following table based on where the
close was:
Open Close Zone
Zone 1 2 3 4 5 6
1 {1}writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c>=ref(h+atr(10),-1)
)/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) )*100),15.2) {2}writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c<ref(h+atr(10),-1) AND
c>=ref(h,-1) )/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1))*100 ),15.2)
{3}
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c<ref(h,-1) AND
c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1))*100
),15.2) {4} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c<ref(h-((h-l)/2),-1)
AND
c>=ref(l,-1) )/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1))*100 ),15.2)
{5}
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c<ref(l,-1) AND
c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1))*100
),15.2) {6} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1) and c<ref(l-atr(10),-1)
)/Cum(ref(pat,-1) AND o>=ref(h+atr(10),-1))*100 ),15.2)
2 {1} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and
c>=ref(h+atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND
o>=ref(h,-1))*100 ),15.2) {2} writeval(pat:= L<ref(l,-1) AND h>ref
(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and
c<ref(h+atr(10),-1) AND c>=ref(h,-1) )/Cum(ref(pat,-1) AND
o<ref(h+atr(10),-1) AND o>=ref(h,-1))*100 ),15.2) {3} writeval(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and c<ref
(h,-1)
AND c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND o<ref(h+atr(10),-1)
AND
o>=ref(h,-1))*100 ),15.2) {4} writeval(pat:= L<ref(l,-1) AND h>ref
(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and
c<ref(h-((h-l)/2),-1) AND c>=ref(l,-1) )/Cum(ref(pat,-1) AND
o<ref(h+atr(10),-1) AND o>=ref(h,-1))*100 ),15.2) {5} writeval(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and c<ref
(l,-1)
AND c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND
o>=ref(h,-1))*100 ),15.2) {6} writeval(pat:= L<ref(l,-1) AND h>ref
(h,-1);
(Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND o>=ref(h,-1) and
c<ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h+atr(10),-1) AND
o>=ref(h,-1))*100 ),15.2)
3 {1} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c>=ref(h+atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h,-1) AND
o>=ref(h-((h-l)/2),-1))*100 ),15.2) {2} writeval(pat:= L<ref(l,-1)
AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c<ref(h+atr(10),-1) AND c>=ref(h,-1) )/Cum(ref(pat,-1) AND o<ref(h,-
1) AND
o>=ref(h-((h-l)/2),-1))*100 ),15.2) {3} writeval(pat:= L<ref(l,-1)
AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c<ref(h,-1) AND c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND o<ref(h,-
1)
AND o>=ref(h-((h-l)/2),-1))*100 ),15.2) {4} writeval(pat:= L<ref(l,-
1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c<ref(h-((h-l)/2),-1) AND c>=ref(l,-1) )/Cum(ref(pat,-1) AND o<ref(h,-
1)
AND o>=ref(h-((h-l)/2),-1))*100 ),15.2) {5} writeval(pat:= L<ref(l,-
1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c<ref(l,-1) AND c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h,-
1) AND
o>=ref(h-((h-l)/2),-1))*100 ),15.2) {6} writeval(pat:= L<ref(l,-1)
AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h,-1) AND o>=ref(h-((h-l)/2),-1) and
c<ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h,-1) AND
o>=ref(h-((h-l)/2),-1))*100 ),15.2)
4 {1} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c>=ref(h+atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND
o>=ref(l,-1))*100 ),15.2) {2} writeval(pat:= L<ref(l,-1) AND h>ref
(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c<ref(h+atr(10),-1) AND c>=ref(h,-1) )/Cum(ref(pat,-1) AND
o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1))*100 ),15.2) {3} writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c<ref(h,-1) AND c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND
o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1))*100 ),15.2) {4} writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c<ref(h-((h-l)/2),-1) AND c>=ref(l,-1) )/Cum(ref(pat,-1) AND
o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1))*100 ),15.2) {5} writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c<ref(l,-1) AND c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND
o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1))*100 ),15.2) {6} writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND o>=ref(l,-1) and
c<ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(h-((h-l)/2),-1) AND
o>=ref(l,-1))*100 ),15.2)
5 {1} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and
c>=ref(h+atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(l,-1) AND
o>=ref(l-atr(10),-1))*100 ),15.2) {2} writeval(pat:= L<ref(l,-1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and
c<ref(h+atr(10),-1) AND c>=ref(h,-1) )/Cum(ref(pat,-1) AND o<ref(l,-
1) AND
o>=ref(l-atr(10),-1))*100 ),15.2) {3} writeval(pat:= L<ref(l,-1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and c<ref
(h,-1)
AND c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND o<ref(l,-1) AND
o>=ref(l-atr(10),-1))*100 ),15.2) {4} writeval(pat:= L<ref(l,-1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and
c<ref(h-((h-l)/2),-1) AND c>=ref(l,-1) )/Cum(ref(pat,-1) AND o<ref(l,-
1)
AND o>=ref(l-atr(10),-1))*100 ),15.2) {5} writeval(pat:= L<ref(l,-1)
AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and c<ref
(l,-1)
AND c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(l,-1) AND
o>=ref(l-atr(10),-1))*100 ),15.2) {6} writeval(pat:= L<ref(l,-1) AND
h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l,-1) AND o>=ref(l-atr(10),-1) and
c<ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(l,-1) AND
o>=ref(l-atr(10),-1))*100 ),15.2)
6 {1} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c>=ref(h+atr(10),-1)
)/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100 ),15.2) {2} writeval
(pat:=
L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c<ref(h+atr(10),-1) AND
c>=ref(h,-1) )/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100 ),15.2)
{3}
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c<ref(h,-1) AND
c>=ref(h-((h-l)/2),-1) )/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100
),15.2) {4} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c<ref(h-((h-l)/2),-1)
AND
c>=ref(l,-1) )/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100 ),15.2)
{5}
writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c<ref(l,-1) AND
c>=ref(l-atr(10),-1) )/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100
),15.2) {6} writeval(pat:= L<ref(l,-1) AND h>ref(h,-1);
(Cum(ref(pat,-1) AND o<ref(l-atr(10),-1) and c<ref(l-atr(10),-1)
)/Cum(ref(pat,-1) AND o<ref(l-atr(10),-1))*100 ),15.2)
As a reminder, here are the definitions of the six different zones:
Zone 1: above the previous bar's high plus the value of the 10-bar
ATR
Zone 2: between the previous bar's high and the high plus the value
of the 10-bar ATR
Zone 3: between the previous bar's high and the middle of its range
Zone 4: between the previous bar's low and the middle of its range
Zone 5: between the previous bar's low and its low minus the value of
the 10-bar ATR zone 6: below the previous bar's low minus the value
of the 10-bar ATR
--William Golson
Equis International
--- In equismetastock@xxxx, "joe hernandez" <joebhernandez@xxxx>
wrote:
> I wish it was that easy, the code is wriiten in the magazine, not
the
> website, I was wondering if anyone had copied it yet.
>
> Thanks
>
>
> --- In equismetastock@xxxx, "Roy Larsen" <rlarsen@xxxx> wrote:
> > Joe
> >
> > Copy/paste works pretty well. Use keyboard shortcuts Ctrl+V and
> Ctrl+C. From
> > there it's not too difficult to edit out extraneous characters
that
> may have
> > become imbedded along the way. If you really have a problem
editing
> then you
> > can copy directly to a word processor, but there's nothing quite
as
> good as
> > MS Indicator builder for pointing out where the syntax mistakes
are.
> >
> >
> > Roy
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