Marco, I don't have MetaStock with me, but perhaps you can modify the
indicator below.
===================
BarsSince Nth event
===================
---8<--------------------------
{ ©Copyright 2005 Jose Silva }
{ For personal use only }
{ http://www.metastocktools.com }
{ User inputs }
NthEvent:=Input("BarsSince Nth event (1=last, 2=2nd last,
etc)",1,1000,2);
plot:=Input("plot: [1]BarsSince Nth event, [2]Event signals",1,2,1);
{ Event peak example }
signal:=PeakBars(1,L,.01)=0;;
{ Count events backwards }
count:=LastValue(Cum(signal))-Cum(signal)+1;
{ BarsSince Nth event }
BarsSinceNth:=
HighestSinceBars(NthEvent+1,signal,count)-1;
{ Plot in own window }
If(plot=1,BarsSinceNth,signal)
---8<--------------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, Khamsina11
<Khamsina11@xxxx> wrote:
Hi,
Can anyone help me with this formula. I'm trying to do the following :
For instance, _for all the quotations available_, try to find for an
indicator (i.e. rsi) :
- its 2nd highest high, its 3rd highest high and its 4th highest high
- conversely, its 2nd lowest low, its 3rd lowest low and its 4th lowest
low
I have been playing around with Lowest and Highest functions but
these didn't work.
Any guidance will be highly appreciated,
Many thanks,
Regards,
Marco
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