RE: [EquisMetaStock Group] formula help

["Mike Sloane" <mfsloane@xxxxxxxxxxxxxx>]

Hi 
Terry,
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Try this; you can 
set the X and Y numbers in the first two lines to suit your ideas; I have 
assumed a simple average - you can change it to exponential by replacing S with 
E.
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If you drop it into 
a new window you will get a binary signal line (spikes to 1 when all three 
conditions are true).
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AVDays:= X; {fill in 
your number}Lookback:= Y; {fill in your number}Cond1:= Mov(C, AVDays, S) 
> Ref(Mov(C, AVDays, S), -Lookback);Cond2:= C < Ref(C, 
-Lookback);Cond3:= C > Ref(C, -(Lookback + AVDays));
 
Cond1 AND Cond2 AND 
Cond3
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Let me know how it 
goes.
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Good testing and 
trading.
<SPAN 
class=263354813-14022004>Mike
 
 

 

  
  <FONT 
  face=Tahoma size=2>-----Original Message-----From: terrance 
  maccormack [mailto:terrymaccormack@xxxxxxxxx] Sent: Saturday, 14 
  February 2004 3:55 PMTo: 
  equismetastock@xxxxxxxxxxxxxxxSubject: [EquisMetaStock Group] 
  formula helpLike a few others I'm new to Metastock 
  and writingformulas to match trading ideas.I've taken a few stabs 
  at the following but can't seemto get it right so was wondering if someone 
  out therecould give me a hand.I want to buy on the open of the 
  next day when thefollowing three conditions are met:(1) The 
  average close of the past X number of days isgreater than the same average 
  close Y days ago.  (2) Today's close is less than the close Y days 
  ago.(3) Today's close is greater than the close Y+X 
  daysago.The reverse would be the case for a sell.Any help 
  would be greatly appreciated.Terry 
  M__________________________________Do you Yahoo!?Yahoo! 
  Finance: Get your refund fast by filing online.<A 
  href="">http://taxes.yahoo.com/filing.html







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