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ColA = 1 for your exploration filter is fine.
I would write the ColA code this way:
---8<--------------
SMA1:=Mov(C,7,S);
SMA2:=Mov(C,30,S);
entry:=Cross(C,SMA1)
AND Cross(SMA1,SMA2)
AND Alert(WillR(14)<=-80,5);
entry
---8<--------------
And if you want more than two signals in a lifetime, I would define
the entry this way:
---8<--------------
SMA1:=Mov(C,7,S);
SMA2:=Mov(C,30,S);
entry:=C>SMA1
AND Cross(SMA1,SMA2)
AND Alert(WillR(14)<=-80,5);
entry
---8<--------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, Jack Hemmert <jackhemmert@xxxx>
wrote:
>
> 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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