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Thanks Jose, Code provided by you is working fine. Thank you very much.
Regards
Khalid
Jose Silva <josesilva22@xxxxxxxxx> wrote:
Khalid, try something like this:
==============
ColA: BarCount
==============
---8<----------------------------------------
{ Plots bar count (+/-) of Close above/below EMA
http://www.metastocktools.com }
{ Variables: EMA periods }
pds:=50;
{ Indicators: EMA }
EMA:=Mov(C,pds,E);
{ 2nd EMA/cross defined bar }
init:=Cum(IsDefined(EMA))=2;
{ Bar count since Close above EMA }
up:=Cross(C,EMA);
upBars:=BarsSince(up OR init)+1;
{ Bar count since Close below EMA }
dw:=Cross(EMA,C);
dwBars:=BarsSince(dw OR init)+1;
{ Select count for up/down periods }
count:=If(C>=EMA,upBars,-dwBars);
{ Plot / exploration value }
0;count
---8<----------------------------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "Khalid
Masood" <dr_khalidmasood@xxx> wrote:
>
> I want an exploration to find the days elapsed of stocks below/above
> 50 day exponential moving average. I tried following one, but it
> simultaneously produces result showing both up day count and down day
> count of each stock. Help me in correcting the code. Thanks in advance.
>
> Col A: Above/50 DMA
> ===================
> x:=Cross(C,Mov(C,50,E));
> BarsSince(x)
>
> Col B: Below/50 DMA
> ===================
> y:=Cross(Mov(C,50,E),C);
> BarsSince(y)
---------------------------------
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