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Dear MS Support,
I would like to create a Exploration scan and Indicator within MetaStock as follows:
Breakaway Gap Pattern
Measured Gap Pattern
Exhaustion Gap Pattern
Common Gap Pattern
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Regards,
Frank Koenig
Trade Like a Pro
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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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Dear MS Support
I would like to be able to scan for these type of Gap patterns , and then plot the Gap pattern within the indicator builder to plot on the chart these Gap patterns would this be possible to do within MetaStock?
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Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Rank: Advanced Member
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Should be possible, assuming those terms can be clearly and mathematically defined.
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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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MS Support,
Should I contact the formula dept on this request? |
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
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Hi Frank,
That would probably be your best option. The more detail you can provide up front as to how to define the above criteria will definitely help in turnaround time.
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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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Dear MS Support;
Is this the scan that ChartsView UK uses for there Gap scans?
GapUp() AND V>Mov(V,20,S)
This formula specifies that the security must have experienced a gap up (i.e., today's low is greater than yesterday's high), and that today's volume must be greater than the 20 day average of the volume.
When I contacted ChartsView they told me that MetaStock created the formula.
Thank You |
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
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Hi Frank,
Yes that formula matches the criteria.
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