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Thanks Richard,
I see the mistake I made and also got an idea on how to use
the "alert" function.
I also see the challenges of keeping this updated manually. I came up
with 183 potential splits. In the future, I might decide to use one
of the data vendors that supplies clean data, but for now, it looks
like I have a bit of work ahead of me.
Thanks
--- In equismetastock@xxxxxxxxxxxxxxx, "Richard Dale" <richard@xxxx>
wrote:
> Hi Cosmic Cruizer,
>
> The ALERT function allows you to do this nicely.
>
> In your explorer filter, use:
>
> weirdevent := ROC(C,1,%)<-30;
> ALERT(weirdevent,100);
>
> and this will show if it happened in the last 100 trading days
(about 20
> weeks).
>
> Note: This won't necessarily show all the splits - just the ones
that might
> be splits. There will be some capital change events that won't be
picked up
> using this method as they amount to less than 30% (eg I quite
regularly see
> 105 for 100 splits).
>
> Just to put things into perspective, there are around 930 splits
per year
> across all stocks on the US markets. There are data vendors out
there that
> do all the hard work for you and that's sometimes worth considering
> depending upon your trading requirements.
>
> Cheers,
> Richard Dale.
> Norgate Investor Services
> - Premium Quality Stock and Futures Data for
> Australian, Asian, European & US Markets -
> <http://www.premiumdata.net/> www.premiumdata.net
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