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Hi Jose,
In response to aserr_98 query, you have done an excellent coding.
Keep it up. I needed it also.
Thanks
Regards
Khalid.
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxx> wrote:
>
> The 25% drop in 50 days example is probably unrealistic - let's
begin
> with 10% as a default.
>
> Try something along the lines of this basic indicator:
>
>
> ==============================
> Hi drop / Lo rise Long signals
> ==============================
> ---8<--------------------------------
>
> { Hi drop / Lo rise Long signals v1.0
> http://www.metastocktools.com }
>
> { User inputs }
> per1:=Input("% drop from HHV",0,100,10)/100;
> per2:=Input("% rise from LLV",.0001,100,5)/100;
> pds:=Input("HHV/LLV lookback periods",1,252,50);
> plot:=Input("plot: [1]Entry Signals, [2]Chart Levels",1,2,1);
>
> { Hi/Lo thresholds }
> hiDrop:=Ref(HHV(H,pds)*(1-per1),-1);
> loRise:=Ref(LLV(L,pds)*(1+per2),-1);
>
> { Setup }
> setup:=C<hiDrop;
>
> { Signal }
> signal:=setup AND Cross(C,loRise);
>
> { Plot signals in own window, levels on chart }
> If(plot=1,0,hiDrop);
> If(plot=1,signal,loRise)
>
> ---8<--------------------------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, aserr_98 <no_reply@> wrote:
> >
> > Hi Jose,
> > Let's suppose the higher high or close on the last 50 days,and
then
> > the stock came down 25% from the high, and start climb again and
> > reaches 5% from the last low. I'm trying buy stocks which fall
at
> > least 25% and starting go up again, at least i'm buying 25%
cheaper
> > then before. (stock reach $100 a share, then fall to $75 or less
> > and then go up again to $80, my signal to buy).
> >
> > Thanks
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@>
> > wrote:
> >
> > How would you define your "high" and "low"?
> >
> >
> > jose '-)
> > http://www.metastocktools.com
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, aserr_98 <no_reply@>
wrote:
> >
> > Hi
> > I'm trying to create a signal when the low is at leat 25% down
> > from the last high and the last close is at least 5% up from last
> > low.
> >
> > I know this for the gurus is piece a cake, but for me is not so
> > easy.
> >
> > Any help will be appreciated
> > Thanks
>
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