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[EquisMetaStock Group] Re: Exploration Formula



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Thanks ALM,

... but I don't really want to use a MA. I already have an indicator 
in my charts which gives me the average Volume: 
LastValue(Sum(V,30)/30)  and I find it much more accurate for what 
I'm doing compared to a MA.

Consequently, if I can I'd like to use this formula in my 
exploration (if possible)

Thanks for the feedback thou.........

Chorlton

--- In equismetastock@xxxxxxxxxxxxxxx, "awlaimeng" <awlaimeng@xxxx> 
wrote:
> Chorlton,
> 
> How about using moving average for the volume? I believed the 
below 
> code will work .....
> 
>      V>3*(Mov(V,30,S))
> 
> Best regards,
> ALM
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "chorlton_c_hardy" 
> <micro_dot_uk@xxxx> wrote:
> > Hi All,
> > 
> > I'm trying to write an exploration based on the following 
criteria:
> > 
> > 1) Todays Volume is 3 times (or greater) the average volume for 
the 
> > last 30 days
> > 
> > So far I have:  V>(LastValue(Sum(V,30)/30)*3)
> > 
> > However, when I run this, the stocks which are returned to me do 
not 
> > meet my criteria.
> > 
> > Where am i going wrong?  I've only been using Metastock for a 
short 
> > time and thanks to various posters on here (you know who you 
are) 
> > I'm beginning to write my own (very basic) formulas.
> > 
> > ..but obviously at the moment, not doing a very good job! :-(
> > 
> > Any help appreciated,
> > 
> > Chorlton






 
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