Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/21/2010(UTC)
Posts: 2
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Hi Guys,
I'm a newbie in MetaStock, bought mine 2 weeks ago. I'm trying to write an exploration formula for 200 sma 2% band. In short i would like to scan stocks that closed 2% above 200sma & 2% below 200sma.
Thanks in Advance.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 9/23/2009(UTC)
Posts: 51
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Try this and see if it does what you are wanting.
Put in Column A and label Column A as 2% Above:
Cross(CLOSE, 1.02*(Mov(CLOSE,200,S)));
Put in Column B and label Column B as 2% below:
Cross(.98*(Mov(CLOSE,200,S)), CLOSE);
Regards,
Alan
http://www.tradersclassroom.com
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/21/2010(UTC)
Posts: 2
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Hi Alan,
Tks for your help, i'll try to create tonight n test it.
Rgds
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