Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/20/2010(UTC)
Posts: 2
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Hi all,
I'm new to Metastock and i need some assistance.
I'm trying to implement an expert advisor that will have as a buy signal when at least 2 of the 3 conditions I'm using are true.
For example
CONDITION1:= Mov(C,5,E) > Mov(C,10,E);
CONDITION2:= Mov(C,5,E) > Mov(C,34,E);
CONDITION3:= Mov(C,10,E) > Mov(C,34,E);
Ideally i would say:
Counter:=0;
If (CONDITION1,Counter = Counter +1 ,0);
If (CONDITION2,Counter = Counter +1 ,0);
If (CONDITION3,Counter = Counter +1 ,0);
If (Counter > 2,1,0);
Is there a way to implement this without using If, Elseif etc???
I'm asking this because i want to use about 7 conditions and only when 4 or 5 of them are true i want to get that signal.
I will really appreciate your response.
Best Regards,
Marios
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 7/25/2005(UTC)
Posts: 1,042
Was thanked: 57 time(s) in 54 post(s)
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Hi Marios
CON1:= Mov(C,5,E) > Mov(C,10,E);
CON2:= Mov(C,5,E) > Mov(C,34,E);
CON3:= Mov(C,10,E) > Mov(C,34,E);
Sum(CON1+CON2+CON3,1)>=2;
Extend the Sum() function fo include as many conditions as you like.
Roy
MetaStock Tips & Tools
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/20/2010(UTC)
Posts: 2
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Hi Roy,
I guess that was the solution i was looking for.
Many thanks for your superfast response.
Marios
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