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I have not read the book which you
are referring to. This (I assume) is Dr.Alexander's. His methods have been
discussed frequently on the board, and I suggest that you browse though the
archives.
You may find something which you
desire.
Dusant
----- Original Message -----
Sent: Saturday, February 19, 2005 3:08
AM
Subject: [EquisMetaStock Group] Re: Help
needed for an indicator
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
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