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help for simple formula for price touching the moving average.
Rank: Newbie
Groups: Registered, Registered Users Joined: 3/4/2009(UTC) Posts: 1
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pals, i m quite new to using metastock, i need help for coding a formula
formula when price touches the exponential moving average say price touches a 20 day ema or price touches a 60 dat ena,
i may be sounding like a ass but plz help me, i really need this
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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 mohitdawar,
Welcome to the forum.
The purpose of the forum is to assist people who are having trouble doing their own work in MS. Have a thorough read of the MS Users Manual and download the free Equis Formula Primer from the files section. These will give you the basics for writing your on MS functions, experts and explorations. Should you get stuck, you can always post your best attempt at the code on the forum, along with a full explanation of what you are trying to achieve and why your code is not achieving this, and someone will come to your aid.
There are also many, many posts containing codes which could already solve your problem. Do a search of the forum and see what comes up. Even if you don't find the exact answer, you might find something that's pretty close and can be edited to fulfil your specific requirements.
Hope this helps.
wabbit [:D]
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 11/7/2005(UTC) Posts: 602
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By touch I guess you don't mean cross so a touch would be something like:
a1:=mov(C,20,E); a2:=If((L<a1) and (H>a1) and (C>a1),1,0); a3:=If((Ref(L,-1)>Ref(a1,-1)),1,0); a2*a3
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 8/13/2005(UTC) Posts: 170
Thanks: 7 times
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a2:=If((L<a1) and (H>a1) and (C>a1),1,0);
Just add '=' also,
a2:= If((L<= a1) and (H>= a1) and (C>a1),1,0);
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help for simple formula for price touching the moving average.
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