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Hi MN,
Thanks for the reply but if I can I'd like to use LastValue(Sum
(V,30)/30) instead of a MA to calculate the average volume. I
already have an indicator in my charts based on LastValue(Sum
(V,30)/30) and (for what I want) gives me much more accurate results
compared to a MA.
Thanks for your reply thou........
--- In equismetastock@xxxxxxxxxxxxxxx, mradula nirmal
<mn141139@xxxx> wrote:
> Hallo,
>
> Try this formula:
>
> V > Mov(V,30,S) * 3.00
>
> Best wishes,
>
> MN
>
> 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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