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Re: [EquisMetaStock Group] Help needed for an indicator



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Sachin
 
There is a basic defect in your question.
 
When you want a condition, when the high is greater than its previous four highs, and volume is greater than 500000, what is the value you want to register, when the condition is true? The High?
 
Similarly for the low.
 
It would be better if you post the code which you have already worked on and then ask what you need.
 
Dusant
----- Original Message -----
Sent: Friday, February 18, 2005 11:25 AM
Subject: [EquisMetaStock Group] Help needed for an indicator




Hi Everyone

I need a help to creat a new indicator based on the two results from
the exploration values.

a)HIGH > Ref(HHV(HIGH,4),-1) AND VOLUME >500000
eg,result =300

b)LOW < Ref(LLV(LOW,4),-1) AND VOLUME >500000

eg, result = 290

the indicator to create is the values of a-b

Thus the new indicator is NEW IND = a-b
eg, 300 - 290 = 10
and finally to plot a histogram on this value of 10

Can some one out there please assist me in creating this indicator
for my chart setting

Thank you
sachin


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