Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/14/2005(UTC)
Posts: 4
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Hello,
I was wondering if someone can help me decipher this code, i have a very basic understanding how to lay formulas out. All i basically want is to be able to find the support over the past 50 days or whatever. This seems to work out fine, but not sure how i turn this into an exploration. Thx for any help that can be provided.
LookBack := Input("Look Back Periods",1,1000,10);
Resistance :=ValueWhen(1,Cross(Mov(C, LookBack,
S),C),HHV(H, LookBack));
Support :=ValueWhen(1,Cross(C,Mov(C, LookBack,
S)),LLV(L, LookBack));
Resistance;
Support;
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 4/1/2006(UTC)
Posts: 135
Location: Romania
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hi William
U must copy ur code in filter section of an exploration and then, depending on what are u trying to do, replace last two lines of code. For example if u want to buy when the price breaks the provided resistance level within ur code u should add something like
cross(c,resistance)
U could specify exactly what do u want and if i can i will do it for u, but what i advice u to do is to read metastock manual in there u have all answers.
Cheers
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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*PP wrote:U must copy ur code in filter section of an exploration and then, depending on what are u trying to do, replace last two lines of code. For example if u want to buy when the price breaks the provided resistance level within ur code u should add something like
cross(c,resistance) William, In addition to what *PP has advised, yuo need to hard code the value for the 'LookBack' period as Input() function canot be used in explorations. (Although I am sure you figured this bit out already when you read your MS Users Manual!) {Column A}
LookBack := 10;
Resistance :=ValueWhen(1,Cross(Mov(C, LookBack,S),C),HHV(H, LookBack));
C>Resistance;
{Column B}
LookBack := 10;
Support :=ValueWhen(1,Cross(C,Mov(C, LookBack,S)),LLV(L, LookBack));
C<Support;
{filter}
ColA OR ColB;
Hope this helps. wabbit [:D]
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