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Thanks Roy,
I was actually looking for the other complicated formula i.e. using
daily data. I was not aware it was possible to have weeky exploration.
In that case, the other complicated formula is not necessary.
I will look into this tonite.
thanks again,
Stephane
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> 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
> Free formulas and MS links
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