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Could someone help me write this formula in metastock language please? - Could someone help me write this formula in metastock language please?
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rajeev  
#1 Posted : Saturday, January 2, 2010 7:24:45 PM(UTC)
rajeev

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For every lookback period of 13 days inclusive of the present day, i want to identify the fourth highest high and fourth lowest low and add them. How can i write this in metastock ?
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johnl  
#2 Posted : Saturday, January 2, 2010 8:15:06 PM(UTC)
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I haven't seen anything like that done in the formula language so my guess is it would have
to be done through the developer's kit. Hopefully someone can prove me wrong.
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rajeev  
#3 Posted : Sunday, January 3, 2010 10:51:40 AM(UTC)
rajeev

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Johnl thanx for looking.I hope there is an answer. What is the developers kit? Is it purchaseable?
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rajeev  
#4 Posted : Sunday, January 3, 2010 12:56:39 PM(UTC)
rajeev

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Aaaaaahh well i checked out what the developers kit was.Its not for me.I dont know any of those programming languages.
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vienna  
#5 Posted : Monday, January 4, 2010 1:38:06 AM(UTC)
vienna

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for 2nd highesthigh there is a solution by Roy Larsen on the web:
http://trader.online.pl/MSZ/e-w-Second-Highest_High.html
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rajeev  
#6 Posted : Tuesday, January 5, 2010 9:10:05 AM(UTC)
rajeev

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Vienna, thanx 4 referring me to that formula. Appreciate it a lot
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vienna  
#7 Posted : Thursday, January 7, 2010 4:27:21 AM(UTC)
vienna

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Here is a rash try by me - for getting the 4th highest value of the close for the last 5(6) day's ...
but I'm not really sure if metastock can correctly work with such algorithm. Visualy it looks like it works. The next problem is the limitation of code in a metastock functions...
----
{nth's highest close value by ts-vienna}
x1:=C;
x2:=Ref(C,-1);
x3:=Ref(C,-2);
x4:=Ref(C,-3);
x5:=Ref(C,-4);
x6:=Ref(C,-5);

y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;

y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;

y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;

y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;

y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;


y1:=If(x1=Max(x1,x2),x1,x2);
y2:=If(x1=Max(x1,x2),x2,x1);
x1:=y1;x2:=y2;
y2:=If(x2=Max(x2,x3),x2,x3);
y3:=If(x2=Max(x2,x3),x3,x2);
x2:=y2;x3:=y3;
y3:=If(x3=Max(x3,x4),x3,x4);
y4:=If(x3=Max(x3,x4),x4,x3);
x3:=y3;x4:=y4;
y4:=If(x4=Max(x4,x5),x4,x5);
y5:=If(x4=Max(x4,x5),x5,x4);
x4:=y4;x5:=y5;
y5:=If(x5=Max(x5,x6),x5,x6);
y6:=If(x5=Max(x5,x6),x6,x5);
x5:=y5;x6:=y6;

x1;x2;x3;x4;C;

{x4 should be the 4th highest value)
----

maybe you can simplify it a little bit.. (I have only copy-pasted the "middle"-block- part.. because of the lack of a loop in ms)
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