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... Or perhaps something like this:
---8<-------------------
pds:=2;
Sum(H<Ref(H,-1),pds)=pds AND
Sum(L<Ref(L,-1),pds)=pds
---8<-------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "Athena Research" <athena.
investments@xxxx> wrote:
>
> Hi,
>
> If I am correct, probably you are looking for today's bar has formed
> lower high and lower low than any of the bars in last 3 days...
> If this is the case, you can use the following code
>
> If(Alert( (H < Ref(H,-1) and Ref(H,-1) < Ref(H,-2), 3)
> AND Alert((L < Ref(L,-1) and Ref(L,-1) < Ref(L,-2), 3),1,0)
> -- This 3 can be changed to any no of days to look for.
> It will check for two consecutive down days in last 3 days.
>
> Note: Jose, please correct syntax if it is wrong...
>
> If this is also not your requirement, then please explain your query
> with a sample chart. One picture worth the thousand words.
>
>
>
>
> Thanks and Regards,
> Amit Trivedi
> Technical Analyst, Active Trader, President & CEO
> Athena Investments, Inc.
> 1055 Sector 15 Part - II, Gurgaon - 122001(India).
> T: +91.124.4033.595 M: +919818707842
> E: <mailto:atrivedi@x...> atrivedi@xxxx
> W: <http://www.athenasolutionz.com/> www.athenasolutionz.com
>
>
>
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of sachinsac31
> Sent: Tuesday, January 10, 2006 11:40 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: kindly someone please help ,
thank
> you very much
>
>
> Hi Jose,
> Thanks for the reply. But it is not really what i'm looking for. The
> formula you gave only list the lowest price in the 3rd day.
>
> Im looking for this.
> 1st bar creates a price bar
> 2nd bar creates a Lower high(LH) and Lower Low(LL) in relation to
> the 1st price bar.
> 3rd bar creates a Lower high(LH) and Lower Low(LL) in relation to
> the 2nd price bar.
>
> However the price bars does not have to be in sequence (meaning 2nd
> bar coming just after the 1st) but a formation of such is created in
> any number of bars but it has to be as compared to the latest LH and
> LL price bar.
>
> i hope my this explantion is clearer. Sorry if my earlier post is
> not clear. Please also help me.
>
> Thank you very much, Jose.
>
>
>
>
> Perhaps something simple like:
>
> C==LLV(C,3)
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, sachinsac31 <no_reply@xxxx>
> wrote:
>
> Hi people from this forum,
>
> Can someone please kindly render help on this seach I am trying
> to do.
>
> I trying to look for an exploration formula to do the following.
>
> I am looking for the latest price bar is the lowest as compared
> to the last three days bars or couples of bars back.
> meaning
> day 1 a price bar is created
> day 2 the price bar creates a price not higher than day 1 but
> also created a lower price
> and day 3 the price is not higher than day 2 but created a lower
> compared to day 2.
> If in between day 1 and day 2 the high is the same than the day
> 3 price which created a lower high and lower low becomes day2 and
> the day4 price bar which creates a lower high as lower low as
> compared to day 3 than this fourth day chart beccomes day3.
>
> I hope my explanation is not confusing and someone can help me.
>
> Thank you very much and really hope someone can help me
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