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Thanks but does not work.
Am i missing something ??
Is it so difficult to program this in
Metastock.
I would assume that many explorations and systems
would have a criteria where they count the "number of days high" the current day
is making and hence there would be a simple formula.
Any other suggestions pls
Regards
Sharad Lohia
----- Original Message -----
Sent: Sunday, May 01, 2005 7:46 PM
Subject: Re: [EquisMetaStock Group]
EXPLORATION
Bar count since the last time the Close was above the last
(latest)
Close:
BarsSince(C>LastValue(C))
jose
'-)
http://www.metastocktools.com
---
In equismetastock@xxxxxxxxxxxxxxx,
"Sharad Lohia" <sharadlohia@x.
..>
wrote:
> Sorry to take so long to reply back.
>
> Was
trying to solve it myself by tinkering with what you have sent
> - but
it still does not work.
>
> It still catches the most recent
swing top - which is not what i am
> looking for.
>
> Eg.
the daily closes are
>
> 12
> 14
> 14
>
12
> 16
> 14
> 15
> 16
> 19
> 22
>
18
> 19
> 14
> 16
> 21
>
> then it should
give 5 as the answer since the last time the close
> was above the
current close was 6 days ago and the current close is
> a 5 day
high.
>
> What is currently happening is that it is giving 3 as
the answer
> since it is picking up the last swing top of 19 which
happened 4
> days back.
>
> Pls help - really
stuck.
>
> Regards
>
> ----- Original Message -----
> From: Jose Silva
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Sunday, April 24, 2005 4:59 AM
> Subject: Re:
[EquisMetaStock Group] EXPLORATION
>
> Sharad, try this new
version of the previous MS code. I think this
> will give the
results you want.
>
> ---8<-----------------
>
Hi:=ValueWhen(1,H>Ref(H,-1),H);
> Ref(BarsSince(H=Hi),-1)
>
---8<-----------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx,
"Sharad Lohia"
> <sharadlohia@x...> wrote:
> I am
currently using a system which goes long stocks which move up
> with
volumes and make new highs. I have programmed this system in
> excel
and now i want to program it in metastock. The setup is that
> if a
stock is making new highs - going long will give a good return
> over
the next few days provided volume is confirming. The key is
> when
to exit. Now in bull markets several stocks fulfil this
> criteria and
my experience has shown that the more the stock is in
> new highs (ie.
the more the number of previous days whose highs have
> been crossed),
the greater the profits. So the best way is to sort
> out the list on
that basis.
>
> Unfortunately - i am unable to program it in
metastock.
>
> Using the formula given - and thanks once more for
that to J - it
> gives 0 as the answer since the current day has
made the new high.
> Changing 1 to 2 gives the number of days since the
last swing high -
> which is lower than the current high in my case and
thus of no use.
> I have tried changing the formula and breaking my head
on a solution
> - but to no avail.
>
> What am i missing
here. How can i use bars since function and value
> when function and
compare previous highs with current high to mark
> that day out
>
> Any clues ?
>
> Regards
>
> ----- Original
Message -----
> From: MG Ferreira
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Saturday, April 23, 2005 1:12 AM
> Subject: Re:
[EquisMetaStock Group] EXPLORATION
>
> The assumption being that
the more the number of previous days'
> highs the stock has crossed
today - the stronger the trend.
>
> If this value returns a high
value, then the trend is not strong,
> the spike is huge! Think
about it - if you have a falling market,
> and suddenly a spike, then
this will be a sudden high value. In a
> rising market, this value
will be smallish as you have an upward
> trend, and the high keeps on
getting higher.
>
> Regards
> MG Ferreira
> TsaTsa
EOD Programmer and trading model builder
> http://www.ferra4models.com
> http://fun.ferra4models.com
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx,
"Sharad Lohia \(G\)"
> <sharadlohia@x...> wrote:
> Thanks for
the reply - but this is not what i was looking for.
>
> I think i
was not clear enough.
>
> What i want to do is to run an
exploration at the end of each day
> which will list all stocks and rank
them on the basis of -
> TODAY'S HIGH IS HIGHER THAN THE HIGH OF "X"
NUMBER OF PREVIOUS DAYS
> This "X" should be a column in the exploration
and i can then sort
> on that basis.
>
> Eg. If today one
stock has made a 8 day high, X = 8 for that stock.
>
> The formula
below is for - Bars since the last high. But what i want
> is stocks
crossing highs of last several days.
>
> The assumption being
that the more the number of previous days'
> highs the stock has crossed
today - the stronger the trend.
>
> Could you kindly help
>
> Regards
> ----- Original Message -----
>
> From:
Jose Silva
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Thursday, April 21, 2005 3:32 AM
> Subject: Re:
[EquisMetaStock Group] EXPLORATION
>
> Sharad, try this MS
indicator/exploration code:
>
> ---8<-------------
>
Hi:=ValueWhen(1,H>Ref(H,-1),H);
> BarsSince(H=Hi)
>
---8<-------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx,
"Sharad Lohia"
> <sharadlohia@x...> wrote:
> I want to
rank the stocks at the end of each day - on the basis of
> the number of
days high it has made. Thus the exploration result
> should give the
number of days which have passed since that day's
> high was more than
today's high. I can then sort it on that basis
>
> Is it
possible. Am unable to find the right function or formula.
>
>
Kinldy help.
>
>
Regards
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