Rank: Newbie
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Joined: 4/7/2009(UTC)
Posts: 3
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Hi
I don't know anything about programming or how to create a indicator/explorer, but this is what I'm looking for:
I would like to write RSI Explorer as following:
How many times is RSI indicator reached (Touched) 90% on the last day?
I use Intraday Data (Tick-1 minute)
RSI=14
Could you please help me to write the explorer?
Thanx
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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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Hi pinkpanther, Welcome to the forum. The first place to
start learning about MS formula codes is the MS Users Manual. Have a
read of it a couple of times because it contains too much information
to be fully absorbed on only one reading. In there you will find the
rules and syntax for writing codes with some friendly reminders about
how not to achieve certain things, and some examples of how to recreate
some of the inbuilt indicators in your own code. From there, the
next step is to do all the exercises in the free Equis Formula
Primer, available for download from the Files section. This teaches
more of the basics on which everything else relies. You also
have all of the indicators that come pre-loaded in MS. Some of these
are proprietary and are password protected, but most of them are not.
You can use these codes as more examples for writing indicators, system
tests, explorations and experts. Like always, if you get stuck,
help is available here on the Forum. Just post your best attempt at the
code along with a full explanation of what you are trying to achieve
and an explanation why your code is not achieving this and one of the
Forum members will give some of their time to help you. As you will be combining timeframes, intraday and daily, you might want to have a look at Roy Larsen's excellent series of codes at his website: http://www.metastocktips.co.nz/
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 4/7/2009(UTC)
Posts: 3
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Hi wabbit
Thanks for your replay and your advice.
My English isn't very good to learn writing explorer
so could you please help me write the explorer
Thanks
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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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wabbit wrote:Like always, if you get stuck,
help is available here on the Forum. Just post your best attempt at the
code along with a full explanation of what you are trying to achieve
and an explanation why your code is not achieving this and one of the
Forum members will give some of their time to help you.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 4/7/2009(UTC)
Posts: 3
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Hi wabbit
Thanks for your replay
I tried to write but doesn't work
====
If RSI => 90 , 1 , 0
====
but i want the code check all the day time from 9:00AM to 3:00PM and give me how many times RSI touched 90% or above 90%
and i don't know if is it possible to write the code as RSI explorer Metastock or not
Thanks
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Here is a count of RSI hitting 60 in 2008:
Should give you an idea of where to start.
a1:=Cross(RSI(14),60);
a2:=Year()=2008;
a3:=Cum(a1*a2);
LastValue(a3)
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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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Hi pp,
Had you actually read the Users Manual and done the exercises in the Primer, you'd know:
"=>" is not the correct syntax for "greater than or equal to"
That is not the correct syntax for an If() statement
You don't need to assign 1 and zero values to TRUE and FALSE as MS already does this Boolean logic for you
You have also failed any attempt to incorporate time encapsulation into your "code".
The purpose of this forum is to ASSIST you to learn to write your own codes and learn how to use MetaStock. John has kindly given you his time and some of his code; perhaps you should take some components of his code and the other suggestions already made and have another go at writing this for yourself, as an indicator or an exploration, or both.
wabbit [:D]
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