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Hello to all,
With a current exploration I am searching for those equities that trade above a particular moving average. With this exploration I am wanting to throw in an 'AND' function. The 'and' being that the moving average should be higher than it was 5 days ago. Any help with this would be greatly appreciated.
Also a similar situation, but different exploration. This time the low should be lower than the previous day's low. Thankyou.
Talarico
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Rank: Advanced Member
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Talarico
{ColA}
M:=Mov(C,10,S);
C>M AND M>Ref(M,-5);
{Filter}
colA;
or you could use just..
{Filter}
M:=Mov(C,10,S);
C>M AND M>Ref(M,-5);
If using exponential moving averages make sure you force the explorer to use at least 5 times as many periods as the longest EMA "periods" parameter.
Change the > sign to a < sign where appropriate for you second question. You failed to clearly specify all conditions and I'm not going to try and guess what's in your mind.
Roy
MetaStock Tips & Tools
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 2/4/2005(UTC)
Posts: 8
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Thank you Roy. Great help.
Cheers
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