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Re: [EquisMetaStock Group] Formula Validation



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Simon,

What you are looking for is Low below lowest value in last 13 days including 
today's day. If price continues to fall, this will be valid every day and 
will give you signals, Try this code.

IF( Cross(L, Ref(Trough(1,L,13), -1 ) OR
Cross(Mov(C,63,S), Mov(C,63,S)),
{then} 1, {else} 0 );

OR Replace values 1 and 0 with your exit conditions.



Thanks and Regards,
Amit Trivedi
E: atrivedi@xxxxxxxxxxxxxxxxxxx
W: www.athenasolutionz.com
  ----- Original Message ----- 
  From: SIMON WILKINSON
  To: equismetastock@xxxxxxxxxxxxxxx
  Sent: Monday, March 13, 2006 3:48 AM
  Subject: [EquisMetaStock Group] Formula Validation


  I would appreciate it if one of you Metastock wizards would cast an eye 
over
  my exit code to see if it is correct.

  What I am looking to achieve is an exit where either the 30 day moving
  averages crosses below the 63 day moving average OR the price makes a new
  low in the last 13 days.

  L<Ref(LLV(L,13),0)
  OR Mov(C,30,S)<Mov(C,63,S) AND Ref(Mov(C,30,S),-1)>Ref(Mov(C,63,S),-1)

  Many thanks

  Simon





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