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Looking for a exploration formula, ex.,a stock in an uptrend, then
pullback, ex., 3 Black Crows Down, crossing thru the 20 sma,found
this example in Active trader from pristine but cannot convert to
metastock, any help please! thanx
{Three black candle sticks for entry:}
If High < High[1] and High [1] < High[2] and High[2] < High[3] and
Close < Open and Close[1] < Open[1] and Close[2] < Open[2] Then
Buy Tomorrow at High Stop;
{Trailing stop:}
ExitLong Tomorrow at Low Stop;
{Profit taking Gap higher:}
If MarketPosition <> 0 and Open Tomorrow > High Then
ExitLong Tomorrow at Open;
{ Retracement bar:}
If High > High[1] and Close < Close[1] Then
SetExitOnClose;
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