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Hi all,
I'm writing my first exploration for Metastock and I
was hoping someone could take a look and make sure it
does what I mean it to do. I'm looking to identify
long entries when the %R descends to -80 or more and
within 5 days of this trigger, the price closes above
the 7-day moving average and the 7-day crosses above
the 30-day. Here's my code:
Cross(Mov( CLOSE, 7, SIMPLE), Mov( CLOSE, 30, SIMPLE))
AND Cross( CLOSE, Mov(CLOSE,7,SIMPLE) ) AND
(BarsSince(WillR( 14 ) <= -80) <= 5)
If I did this correctly, I assume I will get a 1 in
column A every time the formula is true. So, in my
filter, I added "colA = 1". Is this okay?
Thanks...Jack
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