Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 1/6/2006(UTC) Posts: 6
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I am struggling my way through as a new Metastock user and would appreciate it if somebody could help me with the following formula's for an exploration (maybe they already exist in the shipped formulas???).
I would like to search for stocks that:
1. Reach a new high on that particular day of search, for the 12 week period.
2. Close on a high for the month.
Thanks
Heaps
adl
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 8/3/2005(UTC) Posts: 40
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Hi ADL, try this
1. H > ref(HHV(H,12),-1) {use weekly period}
2. Using some code from http://www.metastocktools.com/comp/comp-01.htm
{Daily, current close is the highest value for the month}
m:=Month();
a:=m<>Ref(m,-1)+(Cum(1)=2);
C >= HighestSince(1,a,H)
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 1/6/2006(UTC) Posts: 6
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Thanks for the reply.When I put H > ref(HHV(H,12),-1) into the Explorer and do a search on all stocks A-Z, I still come up with over 3000 stocks, most of which have not made a high for that day or even week. Am I doing something wrong.
Thanks
adl
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 8/3/2005(UTC) Posts: 40
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Hi,
Just some basic questions, as visually I can't see anything wrong with the formula (but it is late here), did you change the periodicity to weekly and include the formula in the filter part of the exploration ?
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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Check your load options .... Make sure you do not have "load minimum records selected"
Patrick :mrgreen:
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