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sharezack  
#1 Posted : Tuesday, September 19, 2006 5:16:35 AM(UTC)
sharezack

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Hi

I am trying to creat an explorer to see over bought and over sold situation by taking above 80 as over bought and below 20 as over sold.

I would like to know if my approach and explorer is correct.

(sum( C - llv(L,5), 3 ) / sum(hhv(H,5) - llv(L,5), 3) ) * 100;
mov( stoch(5,3), 3, S )

hayseed  
#2 Posted : Tuesday, September 19, 2006 5:57:57 AM(UTC)
hayseed

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hey zack.... thats the formula for stoch(5,3)..... meta includes a better stochastic exploration....

stoch's can help in the search for overbought/oversold 's but strong trends can make make it somewhat unreliable.....h

sharezack  
#3 Posted : Tuesday, September 19, 2006 6:06:04 AM(UTC)
sharezack

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can i know the code pls, i mean meat which includes better stochastic exploration
hayseed  
#4 Posted : Tuesday, September 19, 2006 6:30:42 AM(UTC)
hayseed

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hey zack.... look in your explorations included with meta... look for equis stochastic osc expert system ..... good luck with your web site, looks promising.......h

--------equis stochastic osc expert system -----


Exploration notes This Exploration uses classical interpretations of a slow
stochastic to generate a list of securities that meet
either buy or sell conditions.

A buy signal is indicated by a 1 in the first column of the
Exploration report. A sell signal is indicated by a 1 in the
second column.

Col A: Buy Cross(Stoch(5,3),20) AND
C>Mov(C,200,E)


Col B: Sell Cross(80,Stoch(5,3)) AND
C<Mov(C,200,E)


Filter colA OR colB

Filter enabled Yes
Periodicity Daily
Records required 1000

---------------

wabbit  
#5 Posted : Tuesday, September 19, 2006 6:42:44 PM(UTC)
wabbit

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Location: Perth, Western Australia

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sharezak,

We know you are keen to get your new website up and running, but, we are not here to develop all of your codes for you. You need to do some work yourself to learn how to use MetaStock and how to code the MetaStock Formula Language.

Looking at the threads that you have started here on this forum, it is obvious you have done very little reading of the MS Users Manual. The answers to most of the questions you have asked are contained in the Manual. I strongly suggest you read the MS Users Manual. (Read it more than once.) This will improve your knowledge about MS and how to use it more efficiently.

After that, I suggest you download the free Equis Formula Primer which will take you through a guided series of exercises to improve your MSFL code writing. The Primer can be obtained free of charge from the downloads section of the Forum.

Once you have completed both of these tasks and have a better understanding of the product, have a trawl through the (non-password protected) experts, explorations, system tests and indicators that are built-in to MS. They are great examples on how to achieve certain objectives using the MSFL code. As you have a good base level knowledge of the language after reading the Manual and completing the Formula Primer, you will easily understand these codes and see how each can be extended to meet your particular needs.

From there, you can write your own codes and post the results wherever you like (cognisant of copyrights etc). If you get stuck whilst writing your code, post your best attempt here along with a full explanation of what you are trying to achieve and where your code is failing (a picture speaks a thousand words) and I am sure one of the Forum Members will assist you.

If you want to have your codes written for you, hire a programmer. We are not here to write your code but to help you along your own MetaStock journey. We prefer to help those who (attempt to) help themselves first. Posting code at least shows us that you have made some attempt, although sometimes, feeble efforts are ignored as no posted code is ignored. (If you hang around long enough, you will easily see what is a genuine attempt at coding and what isn't.)

Hope this helps.



wabbit [:D]



sharezack  
#6 Posted : Tuesday, September 19, 2006 9:57:30 PM(UTC)
sharezack

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Hi Wabbit

thanx a ton for your mail i will surly go through the manual and get full understanding of metastock and take it forward. I was in a pressure to get the site up so was looking only for the indicators i wanted which will help the site, hence so many entry level questions were asked.

This forum has helped me a lot will go through the readings and next time post some valid doughts.

Thanx a ton once again for all the guys who have helped me

regards

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