Hi Dave Without seeing the code I can't quote specifics, but as a rule patterns that use LastValue() can only be identified once on a chart using MFL - usually the most recent occurrence. There may be exceptions but it's unlikely unless a supporting DLL is used. Roy MetaStock Tips & Tools

Checking... Update: I am waiting on a reply from the Author. As soon as I get word, I'll let you know.

Thanks to the kind generosity of Giorgos Siligardos, he has made his Cup & Handle work available to the Equis Forum. The indicators, expert and explorer are attached to this thread, and will be available in the download section, too. After you unzip the files, you will need to import them into MS. They are compatible with version 9.x. If you are not familiar with importing formulas, the all you have to do is open MS, select TOOLS | INDICATOR BUILDER | ORGANIZER | IMPORT and select the folder containing the cup & handle work. This will create several files in MS for you, including: Indicators: Iscup, Iscup-Plot Explorer: Iscup Template: Cup&Handle Have fun with this. If you'd like to check out more work by Mr. Siligardos, please visit his website: http://www.daedalussoft.com/

When MS tries to load the expert I get a MSX error. Any ideas?

Yes. 9.0

The following tools contain syntax errors that prevent them from compiling properly. The errors may be caused by Custom Formulas or MSX DLLs that are unavailable to this set of tools.

I installed everything using the import function. I have set the template up. However, in the code there should be an expert that loads as well. On the loading of this expert is where the error occurs. Also, I have run the exploration for a week with no hits. Is this correct? If anyone has run this code and identified c&h, could you please let me know what day and what security triggered the hit? Thanks Z

I find no errors importing the formulas from the CupAndHandle Folder using the Formula Organizer. However, since you experience an error see at the end of this post. I have written the indicator formulas. As far as the Exploration is concerned, check that the exploration is performed using many historical bars. Also, when opening a chart from the Exploration results, check the periodicity of the chart and the periodicity of the exploration. In the majority of cases the periodicities must match if you want to see the cup plotted. Best Regards, Giorgos E. Siligardos e-mail: siligard@daedalussoft.com http://www.daedalussoft.comight; L2:=P0+2*boxheight; L3:=P0+3*boxheight; L4:=P0+4*boxheight; iscup:= {1}cupperiod >30 AND {2}((Cum(If( Cum(1)>b1 AND Cum(1)<b4, Log(C)>=L3,0))+ Cum(If( Cum(1)>b2 AND Cum(1)<b3, Log(C)>=L2,0)))=0) AND {3}(((Cum(If(Cum(1)>b1 AND Cum(1)<b2, Log(L)<(L1-boxheight/3),0))>0) AND (Cum(If(Cum(1)>b3 AND Cum(1)<b4, Log(L)<(L1-boxheight/3),0))>0)) OR ((Cum(If(Cum(1)>b0 AND Cum(1)<b1, Log(L)<(L2-boxheight/3),0))>0) AND (Cum(If(Cum(1)>b4 AND Cum(1)<Highbar, Log(L)<(L2-boxheight/3),0))>0))) AND {4}LLV(Log(C),handleperiod+1)>L2 ; iscup;

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Create the following Indicator which will be used to graph the function f

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Name: IsCup-Plot Formula: Iscup:= Fml( "IsCup") ; P0:= FmlVar("IsCup","P0"); P1:= FmlVar("IsCup","P1"); B0:= FmlVar("IsCup","B0"); Bcenter:=(FmlVar("IsCup","B2")+FmlVar("IsCup","B3"))/2; Handleperiod:=FmlVar("IsCup","Handleperiod"); {plot} plotarea:=(1+BarsSince(Cum(1)>=b0))*Ref(1,LastValue(handleperiod-1)); halfper:=B0-Bcenter; a:=(Exp(P1)-Exp(P0))/Power(If(halfper=0,1,halfper),6); If(LastValue(iscup),plotarea,BarsSince(LastValue(iscup)))*Min(Exp(P1),(a*(Power(Cum(1)-Bcenter,6)) + Exp(P0)*0.99));

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Open The Exploration Editor and create a new exploration Name: IsCup Filter: Fml( "IsCup") =1 Column A: Col. Name: CupPer Formula: FmlVar("IsCup","CUPPERIOD") Column B: HandlePer Col. Name: HandlPe Formula: FmlVar("IsCup","HANDLEPERIOD") Column C: Col. Name: CupHeig% Formula: ( Exp(FmlVar("IsCup","P1")) / Exp(FmlVar("IsCup","P0") ) -1 )*100

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Open The Expert Advisor and create a new expert with name "Cup coloring". Create two Highlights which will be used to color the cup. Color for the first Highlight: Blue Formula for the first Highlight: IsCup:= Fml( "IsCup"); b0:= FmlVar("IsCup","B0"); Highbar:=FmlVar("IsCup","Highbar"); If(LastValue(IsCup),Cum(1)>=b0 AND Cum(1)<=Highbar,0); Color for the second Highlight: Cyan Formula for the second Highlight: IsCup:= Fml( "IsCup"); Highbar:=FmlVar("IsCup","Highbar"); If(LastValue(iscup),Cum(1)>Highbar,0); -----------------------

I for one wish to thank the author for this indicator/explorer. The C&H formation doesn't show up that often and that is why it doesn't spit out a positive search result each time it is run. I used to check each individual stock on another website by manually entering each stock from my watchlist. MS and this explorer will run it quickly for me without the hard work I ran a search on April 14th and came up with CRED. I'll try to keep an update on it. Thank you, Mr. Siligardos.

I am having trouble with getting the cup w/handle exploration to come up with a positive result.

I have tried 3 different ways to enter it. First I tried to download it from the website http://www.daedalussoft.com. I ran an exploration for each day of the past week plus 4/14/06 because "deerisaw" wrote a post in this thread stating he had a positive for CRED on that date.

Next I tried to copy and paste it Giorgos E. Siligardos post in this thread. Again I ran an exploration for each day of the past week plus 4/14/06 with no success.

Finally I found the files under the "File" tab on this equis community web page, downloaded the files and imported them by selecting TOOLS | INDICATOR BUILDER | ORGANIZER | IMPORT. Again I ran the exploration for the same time periods indicated earlier with no success.

Can anyone help me with what I may have done wrong? Also, as a test can someone who has gotten the exploration to work give me a positive result including the day and security that came back positive.

Thanks for the help.