Rank: Newbie
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Joined: 6/1/2013(UTC)
Posts: 9
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I wanted to incorporate the following scan in stockcharts language into metastock and am having some difficulty.
Can someone please shed some light on how I can convert it into metastock?
many thanks!!
[type = stock] and [country = us] and[daily ema(60,daily volume) > 300000] and[daily high < yesterday's daily high] and[yesterday's daily high < 2 days ago daily high] and[sma(10, close) > ema(30, close)]and[daily close > daily ema(30,daily close)]and[daily close < daily sma(10,daily close)]and[daily close > daily sma(200,daily close)]and[weekly sma(10,weekly close) > weekly ema(30,weekly close)]and[ADX Line(10) > 20.0]and[close >= 5]
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Rank: Advanced Member
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Joined: 7/25/2005(UTC)
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Hi Kosmic
I think this is an accurate conversion from the original though I have no way to check that. The Multi-Frame formulas are not public domain so you will need to get those from me if you want to include accurate weekly values. Also note that the ADX() function only returns whole-number values. For a more sensitive result you will need the MFL version of ADX, available elsewhere on this forum. A search for "ADX Raw" should find it.
I assume you know how to copy code into the MS Explorer and set up appropriate options.
Mov(V,60,E) > 300000 AND
H>Ref(H,-1) AND
Ref(H,-1)>Ref(H,-2) AND
Mov(C,10,S) > Mov(C,30,E) AND
C > Mov(C,30,E) AND
C < Mov(C,10,S) AND
C > Mov(C,200,S) AND
Fml("Multi-Frame D SMA-10")>
Fml("Multi-Frame D EMA-30") AND
ADX(10) > 20;
Roy
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Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 6/1/2013(UTC)
Posts: 9
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Thanks for the super quick response.
Please send me a msg regarding the Multi-Frame formulas
thanks
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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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