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 MS Support #1 Posted : Thursday, February 7, 2013 11:55:58 AM(UTC) Rank: Advanced MemberGroups: Moderators, Registered, Registered Users, SubscribersJoined: 10/8/2010(UTC)Posts: 1,949Thanks: 89 timesWas thanked: 155 time(s) in 150 post(s) BC Low’s article, “Identify the Start of a Trend with DMI,” Presented several patterns to signal the beginning and ending of trends. Below are the MetaStock formulas for those signals. These are binary formulas that will have a value of zero normally and the value of 1 (one) when the signal is found. They can be used in any of the formula tools. The steps to enter them an exploration are listed below: To create an Exploration: 1. Select Tools > the Explorer.2. Click New3. Enter a name for the exploration4. Select the Filter tab and enter the formula5. Click OK to close the exploration editor.The formulas are:ADX clustersFormula for the start of move:a1:= ADX(3);a2:= ADX(4);a3:= ADX(5);a1 = a2 AND a1 = a3 AND a1 < 30Formula for the end of a move:a1:= ADX(3);a2:= ADX(4);a3:= ADX(5);70 < min(a1, min(a2, a3)) ANDcross(0, roc(a1,1,\$)) ANDcross(0, roc(a2,1,\$)) ANDcross(0, roc(a3,1,\$))+DI clustersFormula for a market bottom:p1:= PDI(5);p2:= PDI(8);p3:= PDI(14);mark:= 10 > Max(p1, Max(p2, p3)) AND5 > Min(p1, Min(p2, p3));Ref(mark,-1) AND ROC(p1,1,\$)>0 ANDROC(p2,1,\$)>0 AND ROC(p3,1,\$)>0Formula for a strong buy:a1:= ADX(3);a2:= ADX(4);a3:= ADX(5);p1:= PDI(5);p2:= PDI(8);p3:= PDI(14);mark:= 10 > Max(p1, Max(p2, p3)) AND5 > Min(p1, Min(p2, p3));70 < min(a1, min(a2, a3)) AND90 < max(a1, max(a2, a3)) ANDcross(0, roc(a1,1,\$)) ANDcross(0, roc(a2,1,\$)) ANDcross(0, roc(a3,1,\$)) ANDRef(mark,-1) AND ROC(p1,1,\$)>0 ANDROC(p2,1,\$)>0 AND ROC(p3,1,\$)>0-DI clusters:Formula for a market top:m1:= PDI(5);m2:= PDI(8);m3:= PDI(14);mark:= 10 > Max(m1, Max(m2, m3)) AND5 > Min(m1, Min(m2, m3));Ref(mark,-1) AND ROC(m1,1,\$)>0 ANDROC(m2,1,\$)>0 AND ROC(m3,1,\$)>0Formula for a strong sell:a1:= ADX(3);a2:= ADX(4);a3:= ADX(5);m1:= PDI(5);m2:= PDI(8);m3:= PDI(14);mark:= 10 > Max(m1, Max(m2, m3)) AND5 > Min(m1, Min(m2, m3));70 < min(a1, min(a2, a3)) AND90 < max(a1, max(a2, a3)) ANDcross(0, roc(a1,1,\$)) ANDcross(0, roc(a2,1,\$)) ANDcross(0, roc(a3,1,\$)) ANDRef(mark,-1) AND ROC(m1,1,\$)>0 ANDROC(m2,1,\$)>0 AND ROC(m3,1,\$)>0
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 Sanibel #2 Posted : Saturday, May 3, 2014 9:25:29 PM(UTC) Rank: NewbieGroups: Registered, Registered Users, Unverified UsersJoined: 5/4/2014(UTC)Posts: 2 This is excellent work. I have yet to see anyone else develop these formulas.Since I am new to writing explorations, I would like to ask if the formulas above would result in 4 separate explorations or are some of them combined? Are the market formulas only for the S&P500? Thank you.
 Laisze #3 Posted : Sunday, May 4, 2014 3:37:19 AM(UTC) Rank: Advanced MemberGroups: Registered, Registered Users, SubscribersJoined: 11/18/2007(UTC)Posts: 96Location: HK Hmm... I wonder why you "have yet to see anyone else develop these formulas", Sanibel... Could it be because "Formula for a strong buy" and "Formula for a strong sell" both give exactly the same signals? That is, if you can find any of these rare signals on a chart...
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