Rank: Newbie
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Joined: 6/30/2009(UTC)
Posts: 4
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I would request some help here from someone who can code a Meta
stock exploration ( To find stocks which has either gained or lost more
than 5% in the last 10 bars (* 1 min Bars*)
I have worked on this coding but could not succeed. Please comment .
Thanks in Advance.  My aim is to find this condition in stocks through exploration . 
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Off the top of my head I would try something like:
a1:=Ref(HHV(C,10),-1);
a2:=((C-a1)/a1)*100;
a3:=If((a2>5),1,0);
a3
or maybe:
a1:=Ref(HHV(C,10),-1);
a2:=Ref(HHV(C,10),-5);
a3:=Ref(HHV(C,10),-10);
b1:=((C-a1)/a1)*100;
b2:=((C-a1)/a2)*100;
b3:=((C-a1)/a3)*100;
c1:=(b1>5)*(b2>5)*(b3>5);
c1
to find where the price is actually consolidating and not just a blow off top.
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 6/30/2009(UTC)
Posts: 4
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Hey 'john' thanks a lot for the effort and prompt reply but somehow I am not looking for consolidation breakout , I am simply looking for the price movement up or down (5%) which has occurred in 10 bars. I am sure it will be easier for you and you will come up with something. Thanks again [:)]
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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I think you have to define your starting point. Is it the highest high over the last 10 days
5% from 10 days ago, etc. Then the calculation is straight forward.
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 6/30/2009(UTC)
Posts: 4
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Hey 'john' considering I am looking for the price movement up or down (5%)from the highest in the last 15 bars..which exploration do I consider final..? Thanks again
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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Sounds like the code I posted above should point you in the correct direction:
a1:=Ref(HHV(C,10),-1);
a2:=((C-a1)/a1)*100;
a3:=If((a2>5),1,0);
a3
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 6/30/2009(UTC)
Posts: 4
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Hey johnl seems as if it will work thanks again .. you have been of great help. Thanks again !!
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