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Re: [EquisMetaStock Group] Help with Metastock Exploration Creation



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Hi Chorlton
 
Try this in the filter section of a new exploration. Open the Options for this new
exploration and make sure the filter is enabled.
 
{Filter}
{1} V < 0.5*Ref(LLV(V,2),-1) AND
{2} (H-L) < 0.5*Ref(LLV(H-L,2),-1) AND
{3} C < Ref(C,-1);
 
You could also write the exploration as follows.
 
{Column A}
{1} V < 0.5*Ref(LLV(V,2),-1) AND
{2} (H-L) < 0.5*Ref(LLV(H-L,2),-1) AND
{3} C < Ref(C,-1);
 
{Filter}
colA
 

Regards
 
 

 
----- Original Message -----
Sent: Wednesday, June 15, 2005 8:30 AM
Subject: [EquisMetaStock Group] Help with Metastock Exploration Creation

Hi All,

I am having problems creating new explorations in Metastock (based
on certain specific criteria) & as I have very little knowledge of
programming, any help would be appreciated, especially as I think
what I want to do is quite complicated.

I want to create an exploration that selects stocks based on the
following 3 criteria.


1) Volume is below 50%, compared to the volume on both the previous
2 days
2) The "Spread" is below 50%, compared to both the "Spread" of the
previous 2 days.
3) A Close of the day finishes down compared to the previous day

PS. The definition of the word "Spread" which I have used above is
the difference between the HIGH and LOW price for 1 day


Hopefully, this makes sense but should anyone need further
information, please let me know.

Many Thanks in advance

Chorlton







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