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Try this MS code:
---8<------------------
{ Basic peak definition }
pk:=Ref(C,-1)=HHV(C,3);
{ Peak's Close }
pkVal:=ValueWhen(1,pk,Ref(C,-1));
{ 1. Today's Close is greater than last peak }
cond1:=C>pkVal;
{ 2. Previous Close was less than last peak }
cond2:=Ref(C,-1)<pkVal;
{ 3. Last peak is at least 5 periods ago }
cond3:=BarsSince(pk)>=5;
{ 4. Today's Close is 20 period high }
cond4:=C=HHV(C,20);
{ 5. Today's Close is also 40 period high }
cond5:=C=HHV(C,40);
{ Setup conditions 1~5 }
setup:=
cond1 AND cond2 AND cond3 AND cond4 AND cond5;
{ Plot setup signals in own window }
setup
---8<------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, Muhammad Tahir <mtbashir1@xxxx>
wrote:
>
> Hi,
>
> I am looking for this buy setup, can anyone help me
> write this setup,
> a. Today's Close is greater than last peak,
> b. Previous Close was less than last Peak,
> c. Last Peak is at least 5 Periods ago,
> d. Today's close is 20 period High and
> e. Today's close is also 40 period High.
>
> Thanks and regards.
>
> TAHIR
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