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Hello Dusant,
Thanks for a reply.
Basically in this exploration, which I'm using
a)HIGH > Ref(HHV(HIGH,4),-1) AND VOLUME >500000
I'm looking for the high of the last 4 days and with vol greater
than 500000 to meet my criteria.
Even if I just do an exploration by first having this = HIGH > Ref
(HHV(HIGH,4),-1) and subsequently with the results doing a second
exploration for volume using this = VOLUME >500000.
The results I get for both the exploration(whether separately or
combined) is the same.
So basically i'm looking for the condtion to be true and
subsequently to plot a histogram on a chart with both the results of
cexploration (a) - (b)
Actually what i'm trying to do here is an indicator for a New High-
New Low which I read in the Trading for a living book.(hope you have
read that book, if yes, then it's indicated in page 194)
Hopefully I have explained clearer now and sorry if my previous
explanation was not clear. So could you please help to create this
new indicator.
Thank you very much
Sachin
--- In equismetastock@xxxxxxxxxxxxxxx, Dusant <cooldush@xxxx> wrote:
> 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 -----
> From: sachinsac31
> To: equismetastock@xxxx
> 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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