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Hello Ms Renu Ji,
You have already done most of the work yourself, when you have specified the conditions.
I will help you with the first line and suggest that you hit the F1 button and take it from there. The online help adequately assists you to write your custom indicators.
Buy Condition:
if(((
L > ref(L,-1)
and
.....)))
Dusant
----- Original Message -----
From: renu_daga1973
To: equismetastock@xxxxxxxxxxxxxxxx
Sent: Friday, January 19, 2007 2:04 AM
Subject: [EquisMetaStock Group] formula required for metastock
hello..
i ma looking for a formula based on candlestick theory to be set up in
explorer,,so that at the end of the day i get scripts which have
taken reversal signals,,my requiremnet is as follows,,BASED ON TODAYS
AND YESTERDAYS OHLC...
BUY CONDITION
low of today > low of yesterday
close of today> close of yesterday
close of today> open of today
all the three conditions are to be fulfilled..then only the signal
should say yes for BUY
SELL CONDITION
high of today > high of yesterday
close of today <close of yesterday
close of today < open of today
all the three conditins should be fulfilled then only the signal
should say yes for SELL
KINDLY HELP ME ,,SINEC I HARDLY KNOW THE METSTOCK LANGUAGE...
RENU
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