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Re: [EquisMetaStock Group] Help with breakout exploration.



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David, 
 
How do i do that?
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  DAVID H. 
  LINTON 
  To: <A 
  title=equismetastock@xxxxxxxxxxxxxxx 
  href="">equismetastock@xxxxxxxxxxxxxxx 
  
  Sent: Monday, April 07, 2003 11:24 
  PM
  Subject: Re: [EquisMetaStock Group] Help 
  with breakout exploration.
  
  alitis
  Could you please send the MetaStock code for the ms 8's 
  breakout formula you said you were currently using.
  Thanks
  David
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    alitis 
    To: <A 
    title=equismetastock@xxxxxxxxxxxxxxx 
    href="">equismetastock@xxxxxxxxxxxxxxx 
    
    Sent: April 7, 2003 12:14 AM
    Subject: Re: [EquisMetaStock Group] 
    Help with breakout exploration.
    
    Could you please tell me in detail what this 
    formula is suppose to achieve not just a breakout. like HHV is 
    that
    Higher higher Volume for example because i am 
    currently using ms 8's breakout formula.
     
    Thanks David.
    <BLOCKQUOTE 
    >
      ----- Original Message ----- 
      <DIV 
      >From: 
      DAVID 
      H. LINTON 
      To: <A 
      title=equismetastock@xxxxxxxxxxxxxxx 
      href="">equismetastock@xxxxxxxxxxxxxxx 
      
      Sent: Sunday, April 06, 2003 2:01 
      AM
      Subject: Re: [EquisMetaStock Group] 
      Help with breakout exploration.
      
      Preston
      1. I see exactly what you mean. On KO, you have to go 
      back to Mar 15, 01 to find this indicator working as a breakout tool. KO 
      has been in a solid downtrend since then.
      2. So why does a breakout tool help identify sell points 
      in a downtrend? The answer is that it signals rallies and, in a downtrend, 
      short sell opportunities follow the rallies.
      3. So, here is more of the scan code that, as a breakout 
      tool, ensures we are in at least a short term uptrend.
      Mov(C,20,S)>Mov(C,40,S) AND C>Mov(C,40,S) ANDC 
      > Ref(HHV(C,10),-1) AND Ref(LLV(O,10),-1) > .95 * 
      Ref(HHV(C,10),-1) ANDRef(LLV(C,10),-1) > .95 * 
      Ref(HHV(O,10),-1)
      4. As an indicator, this should do a better job of 
      pointing out breakouts that have a better chance of continuing up because 
      they are in an uptrend. False signals (sees) could be reduced by demanding 
      a longer term uptrend.
      My thoughts
      David
       
       
      ----- Original Message ----- 
      <BLOCKQUOTE 
      >
        <DIV 
        >From: 
        <A title=no_reply@xxxxxxxxxxxxxxx 
        href="">pumrysh 
        To: <A 
        title=equismetastock@xxxxxxxxxxxxxxx 
        href="">equismetastock@xxxxxxxxxxxxxxx 
        
        Sent: April 4, 2003 11:38 PM
        Subject: Re: [EquisMetaStock Group] 
        Help with breakout exploration.
        Forgot the indicatorC > Ref(HHV(C,10),-1) 
        AND Ref(LLV(O,10),-1) > .95 * Ref(HHV(C,10),-1) 
        ANDRef(LLV(C,10),-1) > .95 * Ref(HHV(O,10),-1)--- In 
        <A 
        href="">equismetastock@xxxxxxxxxxxxxxx, 
        pumrysh <no_reply@x...> 
        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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