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Okay, Rising ADX.
A:=ADX(13);
B:=Mov(a,5,S);
X:=if(ref(b,-1)<b and ref(b,-2)<ref(b,-1), 1,0);
X=1
Tweak it out to whatever assurance you want it is rising.
However, that method of finding trend stocks doesn't look very good.
But it ain't my money.
I would try this in the explorer.
RisingMF:=(C-Mov(C,20,S))/ Stdev(C,20);
RisingMF2:=Alert(H=HHV(H,60),1);
RisingMF>0 AND RisingMF2=1
Change the alert from 1 to 10 depending on your preference for where
in the trend you find them.
You can also use it as a trend ribbon or a highlight line.
I'll post my paypal account where you can send the money.
Super
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Mark,
>
> You should also be aware of the fact that the canned formula for the
> ADX is prone to errors and the better resolve is to use the one that
> Roy provided several months ago if you decide to stick with the ADX.
>
> Hope this helps,
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > Mark,
> >
> > Several reasons but the primary one is Wilders smoothing which is
> > similar to an exponential. Bottomline is to load more bars in the
> > exploration. Also consider using the PDI instead of the ADX. The
> PDI
> > is a component of the ADX but not smoothed as much meaning it will
> be
> > more sensitive.
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@>
> > wrote:
> > >
> > > Thank you Preston,
> > >
> > > However, when i run the explorer it return charts that have
> falling
> > > ADX(13) not Rising?
> > >
> > > Mark
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > > >
> > > > Mark,
> > > >
> > > > Try this:
> > > >
> > > > A1:=mov(close,13,E);
> > > > A2:=mov(volume,13,E);
> > > > A3:=adx(13);
> > > >
> > > > A1 > ref(A1,-1) and
> > > > A2 > ref(A2,-1) and
> > > > A3 > ref(A3,-1)
> > > >
> > > > Would be all three at once.
> > > >
> > > > If you want to do each in its own column
> > > >
> > > > A1:=mov(close,13,E);
> > > > A1 > ref(A1,-1)
> > > >
> > > >
> > > > Preston
> > > >
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@>
> > wrote:
> > > > >
> > > > > Can any one assist in writing of an explorer that would scan
> > charts
> > > > for:
> > > > >
> > > > > 1) Rising EMA(13) Price; &
> > > > > 2) Rising EMA(13) Volume; &
> > > > > 3) Rising ADX (13).
> > > > >
> > > > > Then produce the results?
> > > > >
> > > > > Thanks for your assistance in advance!!!!!
> > > > >
> > > > > Mark
> > > > >
> > > >
> > >
> >
>
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