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it could mean (for example):
The lowest low in the last 5 days.
The lowest close in the last 3 days.
You need to clarify which aspect of "price" you're looking for.
You also have to tell us the what you mean by "few".
If you aren't sure one could leave room for you to make up your mind
later by using Input functions. Roughly, something like this:
Few:=Input("What's a few?",2,12,3);
LowestWhat:=Input("Close?=1,Low=0",0,1,1);
LowestWhat:=If(lowestWhat=1,C,L);
LowestLastFewDays:=LLV(LowestWhat,Few);
LowestLastFewDays;
--- In equismetastock@xxxxxxxxxxxxxxx, Mr Teo Ching Soon
<teocs01@xxx> wrote:
>
> Hi sorry
> can clarify the lowest price could have many meaning?>
>
> Thaks
>
> pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
> Mr Teo Ching Soon,
>
> You will need to be more precise with your request.
> LOWEST price for the stock over the last few days could have many
> meanings. Also "the more the difference and decisively HIGHER" have
> the same problem.
>
> Preston
>
> --- In equismetastock@xxxxxxxxxxxxxxx, Mr Teo Ching Soon
> <teocs01@> wrote:
> >
> > Hi
> >
> > i am new to this group. i need help on the programming of the
> following statement and convert into metastock code format. pls help
> >
> >
> > The stock has to be in a continued downtrend
> > Today's Low price (TDL) has to be the LOWEST price for the
> stock over the last few days.
> > (If it is the lowest for last few weeks, we are likely to have a
> strong major trend reversal signal- a strong form of U-TURN.
However
> if Previous Day's Low price is the lowest for only last three to
ten
> days, we have a signal that is more likely to mark the beginning of
> a Correction or the end of a Reaction ? a weak form of U-TURN).
> > Today's Open price (TDO) has to be LOWER than Previous Day's
> Low price (PDL).
> > TDO < PDL
> > The more the difference between PDL and TDO, the more powerful
the
> signal is going to be.
> > Today's Close price (TDC) has to be HIGHER than Previous Day's
> Close price (PDC).
> > TDC > PDC
> > Today's Close price (TDC) has to be HIGHER than Previous Day's
> Open price (PDO).
> > TDC > PDO
> > Today's Volume has to be decisively HIGHER than the normal
> volume over the last few days or Previous Day's volume. If the
above
> conditions were fulfilled, you would most likely see a decisive
jump
> in stock volume today. If you don't see a jump in the volume today,
> the signal loses some of its strength.
> >
>
>
>
>
>
>
> "If you lead,you bring people together,go out and solve
problems.You care about the people who work for you,their skills,if
they have the tools to be productive and effective.If they don't you
do something about it.That's what leaders -not managers- do."
>
> Sam Palmisano.
>
> ---------------------------------
> Be a better friend, newshound, and know-it-all with Yahoo! Mobile.
Try it now.
>
> [Non-text portions of this message have been removed]
>
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