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Dear MetaStock;
If I want to create a Exploration on the following: Is there one already, Need assistance on creating one. Also create a Indicator to plot the buy and sell on a Gap strategy
Breakaway Gap
Measured Gap
Exhaustion Gap
Common Gap
Thank you |
Regards,
Frank Koenig
Trade Like a Pro
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Rank: Advanced Member
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Joined: 2/2/2005(UTC)
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Was thanked: 3 time(s) in 3 post(s)
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A Gap Indicator and system:
Gap size factor minimum ratio of gap over average record gap
Gap MA period Period used to calculate average gap
Min Relative Gap Size Minimum gap size (percent)
Max Relative Gap Size Mximum gap size (percent) |
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Location: Perth, Western Australia
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You know the "rules"... post your best attempt at the project.
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Rank: Advanced Member
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Working on it later today. Will post it once I have it |
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Rank: Advanced Member
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Was thanked: 3 time(s) in 3 post(s)
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Here is what i think may work.
GapUp()
GapUp() and V>Mov(V,20,S)
Is this correct?
Thank You
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Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Frank, this formula shows a line where a gap would be filled
Code:rng:=Abs(H-L);GS:=If(GapUp(),L-Ref(H,-1),If(GapDown(),Ref(L,-1)-H,PREV));A:=If(GapUp()=true AND GS>rng*.7,(L-Ref(H,-1))*.5+Ref(H,-1),If(GapDown()=true AND GS>rng*.7,(Ref(L,-1)-H)*.5+H,PREV));A;
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 2/2/2005(UTC)
Posts: 307
Thanks: 7 times
Was thanked: 3 time(s) in 3 post(s)
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Henry, Thank you for your assistance. Hope all is well with you. Regards, |
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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