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This is all OTC. The following will give you the max one day gap, up
or down.
---8<-------------------
{MG Ferreira}
{http://www.ferra4models.com}
{2005}
{Get gap tolerance}
xx:=input("Maximum gap tolerated (%)",0,1000,2);
{Calculate maximum gap}
maxGap:=max(abs(C/Ref(C,-1)-1));
{Determine if this stock made it or not}
maxGap<xx
---8<-------------------
This will plot a 1 if the stock made it and a zero if not. You can
combine this formula in your exploration or custom indicators.
Regards
MG Ferreira
TsaTsa EOD Programmer and trading model builder
http://www.ferra4models.com
http://fun.ferra4models.com
--- In equismetastock@xxxxxxxxxxxxxxx, "qpcxpgzp" <gsandral@xxxx> wrote:
> If I wish to exclude stocks that gap up or down by X% in my
> explorations (Metastock 9.0) how should I code this?
>
> Any help would be appreciated
>
> Regards Graeme
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