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Just a note, that many may not know about the built-in Inside()
function. It's kind of tricky to exaplin, so forgive if not quite
clear...
The first bar found is OK, it is inside the range of the prior bar,
but the condition is still true if the next bar is also inside the
first bar, not necessarily inside the second.
This could be confusing, I would write out the code for this
condition:
H<Ref(H,-1) AND L>Ref(L,-1)
Thought you'd like to know.
Trader Joe...
--- In Metastockusers@xxxxxxxxxxxxxxx, "Jose" <josesilva22@xxxx>
wrote:
>
> Exploration filter/indicator code:
>
> ---8<---------------------------
>
> pds:=3; {consecutive inside days}
> Sum(Inside(),pds)=pds
>
> ---8<---------------------------
>
>
> jose '-)
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "fleabitten3" <stephen.
> ballard87@xxxx> wrote:
> > Hi, I'm currently trying to find an exploration for 'Three Inside
> > Days'.
> > I've just found this
> > http://www.paritech.co.
> uk/education/technical/custom/explorations/thr
> > ee.asp but after scanning every folder I have of US
> > stocks not a single stock was thrown up. Is this because these
types
> > of formations are rare or is the formula suspect?
> > Thanks
> > Steve
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