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CalgaryCoolCat  
#1 Posted : Tuesday, July 2, 2019 2:31:33 AM(UTC)
CalgaryCoolCat

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Joined: 4/7/2019(UTC)
Posts: 4
Location: Calgary

Friends,

I am new to writing formulas in MetaStock - I would like to create something that I can run on an exploration that will indicate me a value that is crossing through -.5 or +.5.

The formula is as follows (to plot the indicator):

plot:= RSI(5); ph:=LastValue(Highest(plot)); pl:=LastValue(Lowest(plot)); pf:=10/(ph-pl); v1:= ((plot-pl)*pf)-5; v2:= Mov(v1,9,W);

.5; -.5; (Exp(2*v2)-1)/(Exp(2*v2)+1)

Also, please see https://www.metastock.co...er/resources/tasc/?id=60 for a detailed explanation.

Thank you!

MS Support  
#2 Posted : Tuesday, July 2, 2019 9:52:52 PM(UTC)
MS Support

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Originally Posted by: CalgaryCoolCat Go to Quoted Post

Friends,

I am new to writing formulas in MetaStock - I would like to create something that I can run on an exploration that will indicate me a value that is crossing through -.5 or +.5.

The formula is as follows (to plot the indicator):

plot:= RSI(5); ph:=LastValue(Highest(plot)); pl:=LastValue(Lowest(plot)); pf:=10/(ph-pl); v1:= ((plot-pl)*pf)-5; v2:= Mov(v1,9,W);

.5; -.5; (Exp(2*v2)-1)/(Exp(2*v2)+1)

Also, please see https://www.metastock.co...er/resources/tasc/?id=60 for a detailed explanation.

Thank you!

Hi,

This would not take much modification, and it would also depend on how you wanted the information to display in your exploration report. You could modify as follows:

Column A: Above+.5

Code:
plot:= RSI(5);
ph:=LastValue(Highest(plot));
pl:=LastValue(Lowest(plot));
pf:=10/(ph-pl);
v1:=((plot-pl)*pf)-5;
v2:=Mov(v1,9,W);
fin:=(Exp(2*v2)-1)/(Exp(2*v2)+1);
Cross(fin,.5);

Column B: Below-.5

Code:
plot:= RSI(5);
ph:=LastValue(Highest(plot));
pl:=LastValue(Lowest(plot));
pf:=10/(ph-pl);
v1:=((plot-pl)*pf)-5;
v2:=Mov(v1,9,W);
fin:=(Exp(2*v2)-1)/(Exp(2*v2)+1);
Cross(-.5,fin);

Filter:

Code:
ColA OR ColB

CalgaryCoolCat  
#3 Posted : Wednesday, July 3, 2019 1:45:14 AM(UTC)
CalgaryCoolCat

Rank: Newbie

Groups: Registered, Registered Users, Subscribers
Joined: 4/7/2019(UTC)
Posts: 4
Location: Calgary

Hello, I will try that. Thank you for your help, I really appreciate it.
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