Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 2/2/2007(UTC)
Posts: 367
Was thanked: 1 time(s) in 1 post(s)
|
Anthony Trongone's, "Holding Overnight Positions" defines 4
conditions which, paired up, will indicate a greater chance of a
successful overnight trade. MetaStock can scan for theses conditions,
over a group of securities, and report those making the appropriate
pairings. This is done with an exploration.
To create this exploration, in MetaStock, go to Tools and select the
Explorer. Click New and enter a name ("Rising Darkness"). Then enter
the following formulas in the corresponding tabs:
Rising Darkness
COLUMN FORMULAS
ColumnA: 30 dn V
mav:=Mov(V,8,S);
vr:=(mav-Ref(mav,-1))/Ref(mav,-1);
volrank:=LastValue((Cum(vr>LastValue(vr))/Cum(IsDefined(vr)))*100);
volrank
>= 70
ColumnB: 30 up V
mav:=Mov(V,8,S);
vr:=(mav-Ref(mav,-1))/Ref(mav,-1);
volrank:=LastValue((Cum(vr>LastValue(vr))/Cum(IsDefined(vr)))*100);
volrank
<= 30
ColumnC: up price
ROC(C,1,%)>1
ColumnD: dn price
ROC(C,1,%)<-1
FILTER
Formula:
(colA OR colB) AND (colC OR colD)
William Golson
Equis International
|
|
|
|
|
|
| Users browsing this topic |
|
Guest (Hidden)
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
