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Hi,
I have run your exploration and it seems to work (using EoD data from
Yahoo).
Do you have an example of a stock (and date) when it didn't?
I note that you want to retain the LastValue function, are you aware
that this plots as a straight line so if you overlay it on a volume
chart to look for historic examples it won't be flagging the breakouts
you seek as it is always using the last loaded value of the indicator,
not the indicator value that would have been calculated for each
historic date.
--- 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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