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Roy,
Many thanks once again for your help.....
I really appreciate it........
Cheers....
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
>
> Hi Chorlton
>
>
> >Can I ask what you mean by deciding on a filter setting? Surely
in
> the filter I would write colA AND colB; or am I missing something?
>
> It wasn't clear (to me at least) whhether you wanted "colA AND
colB" or "colA AND colB",
> or possibly including another factor consideration from column C.
You're clear on what's
> needed and you know how to do it so that's all that matters.
>
> > Also, can you explain what the indicator is for. Sorry for the
> questions but I'm still trying to learn the MS language and in
this
> example I can't understand why the indicator is needed :-/
>
> The indicator is so that you can see on a chart what's really
happening rather than try and
> visualize in your head what you think is happening. When you're in
doubt about how to perform
> some task in an exploration it's a good idea to create an
indicator first. Then you can see on a
> chart if, when and where the result does not conform to what you
trying to achieve.
>
> Even experienced users transfer exploration columns to indicators
from time to time in order to
> check their logical operation at times - it's very useful
technique. After all, an exploration column
> is really just an indicator from which you get to "see" just the
value for the last bar. Use the
> indicator technique to make life and learning with MetaStock a
little easier.
>
>
> Regards
>
> Roy
> www.metastocktips.co.nz
>
>
>
> Thanks Roy,
>
> Chorlton
>
>
>
>
>
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
> wrote:
> >
> > Hi Chorlton
> >
> >
> > Try this for the exploration. You'll need to decide on a filter
> setting.
> >
> > {colA}
> > (H-L)>=4*Abs(O-C) AND H<>L;
> >
> > {colB}
> > A:=(H-L)>=4*Abs(O-C) AND H<>L;
> > Sum(A,30)>11;
> >
> > {filter}
> > {as required}
> >
> >
> > Use this indicator to see what the binary (logical) result from
> each expression is.
> >
> > {New Indicator}
> > A:=(H-L)>=4*Abs(O-C) AND H<>L;
> > A+1.1;
> > Sum(A,30)>11;
> >
> >
> > Regards
> >
> > Roy
> > www.metastocktips.co.nz
> >
> >
> > ----- Original Message -----
> > From: chorlton_c_hardy
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Wednesday, December 14, 2005 11:51 AM
> > Subject: [EquisMetaStock Group] Help with writing an Explorer in
MS
> >
> >
> > Hello All,
> >
> > Can anyone offer any help on writing an Explorer which meets the
> > following criteria:
> >
> > Select stocks which have:
> >
> > 1) the Overall Spread (difference between High & Low) is >= 4x
the
> > difference between the Open & Close
> >
> > An example of a stock meeting the criteria would be one where:
> >
> > High=120, Low=55, Open=88, Close=100
> > H(120)-L(55)=65, C(100)-O(88)=12
> > 65 > 48 (4*12)
> >
> >
> > 2) The above pattern (which is for 1day) has occurred 12 times
in
> > the last 30 periods
> >
> >
> >
> > Basically, I want to do a search for stocks which regularly
reach
> > extended highs & lows but open & close within a short range AND
> have
> > followed this pattern for a number of days within a set period.
> Does
> > this make sense??
> >
> >
> > Any help would be appreciated as I'm getting a bit comfused
trying
> > to code it.
> >
> > Thanks,
> >
> > Chorlton
> >
> >
> >
> >
> >
> >
> >
> > SPONSORED LINKS Business finance course Business finance online
> course Business finance class
> > Small business finance Business finance schools Business
> finance small software
> >
> >
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>
>
>
>
>
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>
>
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