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Hi Stephane
> I want to build an explorer that has the following condition (amongst
> others).
>
> the weekly MA(52) has been decreasing for 40 weeks.
>
> I'm not really sure how to do this. Please help.
>
> thanks,
> Stephane
The following lines of column code will return a true result in a weekly exploration when the 52
week SMA has fallen for 40 consecutive weeks. If you want the same thing for a daily exploration (40
weekly falls in 52 weeks MA), it can be done but requires more complex code. That code is available
but not included here.
{SMA decreasing for 40 consecutive weeks}
M:=Mov(C,52,S);
Sum(M<Ref(M,-1),40)=40;
Kind regards
Roy Larsen
www.metastocktips.co.nz
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