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Try this exploration/indicator MS code:
---8<----------
barsLookback:=3;
HHVperiods:=100;
Hi:=H>Ref(HHV(H,HHVperiods),-1);
HiValue:=ValueWhen(1,Hi,H);
condition:=H<HiValue AND BarsSince(Hi)<=barsLookback;
condition
---8<----------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, sachinsac31 <no_reply@xxxx>
wrote:
>
>
> Hi Everyone,
> I have this exploration which I would like to modify but not to sure
> how to go about it. I would greatly appreciate if someone could help
> me.
> My present exploartion is
> If(H>Ref(HHV(H,100),-1),1,0)
>
> Acutally what i'm really looking for is after having created a new
> high on the stock price from a period of 100 days i want to look for
> the next three bars from this new high which does not exceed this
> new high bar.
> Therefore the exploration results will look for next three bars
> which is lower from a new high of 100 days ago.
>
> I hope my explanation and clear and greatly appreciate if someone
> from this forum can give a me some assistance.
>
> Thank you very much
>
> Sachin
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