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 KTP2 #1 Posted : Wednesday, November 12, 2008 5:01:47 PM(UTC) Rank: Advanced MemberGroups: Registered, Registered Users, SubscribersJoined: 2/2/2007(UTC)Posts: 367Was thanked: 1 time(s) in 1 post(s) Below are the MetaStock formulas introduced in the article "Finding Key Reversals", by Massimiliano Scorpio. To identify the pattern, use the following formula in either the Expert Advisor as a symbol/alert, in the Explorer as an exploration filter, or in the Indicator Builder as a new indicator: L < Ref(L,-1) AND C>Ref(C,-1) AND C < H For the system create a new system in the System Tester using the following formulas: Enter Long:     L < Ref(L,-1) AND C>Ref(C,-1) AND C < H Close Long:     H >=Ref(H,-1) STOPS Maximum Loss: LONG ONLY     2.0 Percent To search a group of securities/markets for how often the pattern occurs and how profitable it is use the Explorer to create a new exploration using the following formulas: COLUMN FORMULAS ColumnA: # pat     pat:=L < Ref(L,-1) AND C>Ref(C,-1) AND C < H;     Cum(pat) ColumnB: # bars     Cum(1) ColumnC: % pat     pat:=L < Ref(L,-1) AND C>Ref(C,-1) AND C < H;     PREC((Cum(pat)/Cum(1))*100,2) ColumnD: # wins     pat:=L < Ref(L,-1) AND C>Ref(C,-1) AND C < H;     Cum(Ref(pat,-1) AND H >= Ref(H,-1)) ColumnE: % wins     pat:=L < Ref(L,-1) AND C>Ref(C,-1) AND C < H;     PREC((Cum(Ref(pat,-1) AND H >= Ref(H,-1))/Cum(pat))*100,2)
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