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Forgot the indicator
C > Ref(HHV(C,10),-1) AND
Ref(LLV(O,10),-1) > .95 * Ref(HHV(C,10),-1) AND
Ref(LLV(C,10),-1) > .95 * Ref(HHV(O,10),-1)
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
> David,
>
> In order to save time I often use a formula as an indicator. The
> signal is +1 when the condition is met. In your case that is
exactly
> what I did. When I placed the indicator on a coca-cola chart I had
a
> number of great sell opps. Keep in mind that the conditions of your
> test and mine were different as they should be. Some systems work
> better on different types of stocks than others...that's not
> uncommon. The beauty of being able to test ahead of time is knowing
> which system is likely to work the best.
>
> A technical analysis should always be aware of varying market
> conditions.
>
> Preston
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "DAVID H. LINTON"
> <dhlinton@xxxx> wrote:
> > pumrysh
> > Can you tell me in some detail what you did.
> > This is a MetaStock exploration. As with all explorations, it is
> intended to scan a universe of stocks.
> > If you copied it into a new exploration and ran it on COKE and/or
> KO, you would get a result only if the stock was breaking out. It
can
> not identify selling opportunities.
> > Did you perhaps convert it into an indicator. If so, please post
> the code you used.
> > David
> > ----- Original Message -----
> > From: pumrysh
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: April 4, 2003 2:49 PM
> > Subject: Re: [EquisMetaStock Group] Help with breakout
> exploration.
> >
> >
> > Tried your scan on coke and found more selling opportunities.
> >
> > P
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "DAVID H. LINTON"
> > <dhlinton@xxxx> wrote:
> > > Here is a breakout scan I have been developing recently.
> > >
> > > C > Ref(HHV(C,10),-1) AND
> > > Ref(LLV(O,10),-1) > .95 * Ref(HHV(C,10),-1) AND
> > > Ref(LLV(C,10),-1) > .95 * Ref(HHV(O,10),-1)
> > >
> > > Comments would be appreciated.
> > > Also, if anyone has the congestion and consolidation formulae
> > previously mentioned, please post.
> > > Thanks
> > > David
> >
> >
> > > ----- Original Message -----
> > > From: ct1942
> > > To: equismetastock@xxxxxxxxxxxxxxx
> > > Sent: April 4, 2003 10:56 AM
> > > Subject: [EquisMetaStock Group] Help with breakout
> exploration.
> > >
> > >
> > > At one time I had two explorations, one for breakouts and
one
> for
> > > breakdowns. I think they used a congestion index formula
and
> a
> > > consolidation formula.
> > >
> > > My hard drive crashed 3 months ago and apparently these
> > explorations
> > > were not backuped.
> > >
> > > If someone has these, I would appreciate their sharing them
> with
> > me.
> > >
> > > Thanks,
> > >
> > > Cordell Thomas
> >
> >
> >
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> >
> >
> >
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