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alitis
1. You said you were using a formula. I assumed you knew what
you were using.
2. You asked "Could you please tell me in detail what this
formula is suppose to achieve...." Did you get the answer you needed from
Preston?
David
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
alitis
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: April 7, 2003 9:57 AM
Subject: Re: [EquisMetaStock Group] Help
with breakout exploration.
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
> > > > > > >
> Yahoo! Groups
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> > >
> > > >
> To unsubscribe from this group, send an email
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