Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/13/2009(UTC)
Posts: 2
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hello,
i am new baby of metastock. but i want build or use explorer to find stocks which are being reduced min 20% continually up-to-date.
but i don't know how to do. Any1 can help me the code, or something else like this.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Use functions HHV() or PEAK() to get the high, then use an IF() statement
to see if Close is < 20% of those values. Something like:
If((C<0.8*HHV(C,20)),1,0) which will be true if C has dropped 20% from the
highest value of the previous 20 days.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/13/2009(UTC)
Posts: 2
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tks so much johnl,
but would you mind writing down complete fomular? I know nothing about the fomular, I can not understand so much.
again tks if you can help me!
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Create a new formula and copy in:
If((C<0.8*HHV(C,20)),1,0)
Plot it in a new inner window to see if that is what you want.
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