Rank: Member
Groups: Registered, Registered Users Joined: 9/15/2006(UTC) Posts: 24
Was thanked: 1 time(s) in 1 post(s)
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Hi
I am new to metastock hence i need to know the steps in creating few explorations.
1. i want exploration for buy when the stock price closes above the last 5 days high.
2. I want exploration for Exit or sell when the stock price closes below the low of last 5 days.
3. I want exploration for finding support and resistance levels of a stock based on its last 20Day moving avarage.
4. I want exploration to know the stocks trading above its 3DMA, 9 DMA and 12DMA.
I would be glad if some one can give me step by step approach for like what goes in colum A and Colum B etc for the above 4.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 3/7/2005(UTC) Posts: 1,346
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hey zack.... your number 1 and 2 rules using stock price closes above the last 5 days high and low of last 5 days just about needs the 'ref ' function included in column a and column b....
your rule 3 is subjective...... within 1% proximity was used in the exploration but you can easily change that value for closes closer to the moving average ....
my view of 'proximity' might vary from yours so below the exploration is a indicator in which you can vary both percent 'proximity' and the moving average period....
it might not be just what you wanted but it should get ya headed in the right direction.....h
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Exploration notes Col A: c>high If(C>= Ref(HHV( H,5 ),-1),1,0); Col B: c<low If(C<= Ref(LLV( L,5 ),-1),1,0); Col C: near mov Abs(C-Mov(C,20,E))<=C*.01; Col D: c>3ma C>Mov(C,3,E); Col E: c>9ma C>Mov(C,9,E); Col F: c>12ma C>Mov(C,12,E); Filter colA OR colB OR colC OR colD OR colE OR colF Filter enabled Yes Periodicity Daily Records required 1000
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indicator
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a:=Input("moving average periods",2,200,20); aa:=Input("percent from moving average",.01,100,1);
Abs(C-Mov(C,a,E))<=C*(aa*.01);
===========================
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Rank: Member
Groups: Registered, Registered Users Joined: 9/15/2006(UTC) Posts: 24
Was thanked: 1 time(s) in 1 post(s)
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Hi
Thanx for the reply but i guess you have clubbed all the points in one..
I am actually wanting exploration for each point seperately not combined can you help me pls
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Rank: Member
Groups: Registered, Registered Users Joined: 9/15/2006(UTC) Posts: 24
Was thanked: 1 time(s) in 1 post(s)
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To be more presise here is what i am looking at.
Exploration 1:
Buy signal has to come when the stock closes above the 5 day high it would have made and in the same exploration in colum b i should get the Highest low it had during that 5 day period
Exploration 2
Sell signal should be generated when the stock closes below the highest low and in colum B i should get the highest high it made in that 5 days.
Exploration 3: Want to know the support and resistance levels of the stock based on its 20 Day high low prices
Exploration 4: want to know the stocks trading above its 3DMA , 9DMA and 12DMA.
All explorations have to be different not one signle one.
If you can help me with the code for the above it would be really greatfull
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 3/7/2005(UTC) Posts: 1,346
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hey zack..... you might find its better to have all included in one to better relate each column to the others....
to do it singlely , remove all but the column wanted in the filter section....
so if you only want the "c>mov(c,12,e)" , you would remove everything except colf in the filter section.... only column f results will be returned......
do it both ways for awhile.... you might see the advantage to the all-in-one......h
just remove everything except colf
===========================
colA OR colB OR colC OR colD OR colE OR colF
===========================
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