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These are the basic building blocks:
---8<---------------------
{ Basic Peaks/Troughs }
top:=Ref(H,-1)>H AND Ref(H,-1)>Ref(H,-2);
bot:=Ref(L,-1)<L AND Ref(L,-1)<Ref(L,-2);
{ Last Peak/Trough values }
top1:=ValueWhen(1,top,Ref(H,-1));
bot1:=ValueWhen(1,bot,Ref(L,-1));
{ 2nd-last Peak/Trough values }
top2:=ValueWhen(2,top,Ref(H,-1));
bot2:=ValueWhen(2,bot,Ref(L,-1));
{ 3rd-last Peak/Trough values }
top3:=ValueWhen(3,top,Ref(H,-1));
bot3:=ValueWhen(3,bot,Ref(L,-1));
{ Higher bottoms example }
bot1>bot2
---8<---------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "Sharad Lohia" <sharadlohia@xxx
.> wrote:
> Dear All,
>
> Has anybody got the code for programming the 1-2-3 pattern in
> Metastock.
>
> I have been trying to write the program - but getting stuck.
>
> Basically - Go long on a higher top and higher bottom formation
> and short a lower top, lower bottom formation.
>
> The problem comes on keeping track of the previous bottom and then
> keeping track of the next bottom being a higher bottom and then
> keeping track of the previous top being crossed and then keeping
> track of the stop loss....
>
> any help would be greatly appreciated
>
> thnx
> sharad
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