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Hi I am trying to build a custom explorer with the following condition. Setp 1) look at the last 30 days and determine the lowest low; Step 2) check if this low is below the 14-day moving average Step 3) if the answer to step 2 is a 'yes' see if the closing price has exceeded the 14-day moving average of the highs in the last 7 days step 4) give me a list of all the stocks that gave the answer to step 3 as 'yes' ----- thank you very much in advance. I am a beginner with metastock.
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Rank: Advanced Member
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Code:
Step1:=L<Ref(LLV(L,30),-1);
Step2:=ValueWhen(1,Step1=1,L)<Mov(C,14,S);
Step3:=Step2=1 and Sum(C>Mov(H,14,S),7)>1;
Step3;
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Rank: Newbie
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Joined: 4/3/2013(UTC)
Posts: 5
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Henry, Your reply helped me a lot. Thank you. I am trying to include some ADXR features with the same, and added the following starting from Step3=1. Basically I am also trying to include a trigger where the ADXR needs to be rising. Grateful if you could let me know if this is correct. I am also having trouble with getting ADXR with decimals. The new Metastock Pro only shows ADXR rounded up. COuld you be so kind as to give me the formula for a custom indicator for ADXR with decimals? Much obliged.
Step1:=L<Ref(LLV(L,30),-1);
Step2:=ValueWhen(1,Step1=1,L)<Mov(C,14,S);
Step3:=Step2=1 and Sum(C>Mov(H,14,S),7)>1;
Step3=1 AND Ref(Step3,-1)<>1
AND ADXR(14) > Ref(ADXR(14),-2)
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Rank: Advanced Member
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abctrader wrote: I am also having trouble with getting ADXR with decimals. The new Metastock Pro only shows ADXR rounded up. COuld you be so kind as to give me the formula for a custom indicator for ADXR with decimals? Much obliged.
Hi there,
Is not clear to me what you are trying to do. [:O] You already got answers to decimals for ADXs, etc. at your own thread here.
Go to Jose's web site for a whole collection of tools. [:)]
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