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Thanks Tim,
Your additional code has also come in very handy as well ;-)
Cheers mate,
Chorlton
--- In equismetastock@xxxxxxxxxxxxxxx, "Tim" <prez@xxxx> wrote:
>
> Hi Chorlton,
>
> The revised code would be
>
> M1:=Mov(HIGH,10,SIMPLE);
> M2:=Mov(Low,8,SIMPLE);
> Long=Sum(L>Max(M1,M2),2)=2;
> Short:=Sum(H<Min(M1,M2),2)=2;
> Long or Short
> {Adding a minus sign in front of the word Short will allow
> you to plot different visual signal for long and short};
>
> The only issue you may strike with this setup is that in a
prolonged trend
> you are going to get MANY signals.
> As such you may want to filter some out with a latch, or a really
easy way
> that I some times use is to add the following
>
> Long:=Long and Sum(Long,5)=1;
> The 5 can be changed to what ever period you like, and the
resultant 1 can
> be as well.
> The reverse for the short would be
> Short:=Short and Sum(Short,5)=1;
>
> Have a play around with the code, and with different parameters
until you
> get the result you are looking for.
>
> To add to an Expert, create a new Expert Advisor, goto the Symbols
tab,
> click on new, add in the code
>
> I would give a more detailed response for the Expert advisor setup
but I
> have to head off to work.
>
> Regards,
> Tim Hyder
> -------------------------------------------------------
> A successful man is one who can build a firm
> foundation with the bricks that others throw at him.
>
> David Brinkley
> -------------------------------------------------------
> _____
>
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of chorlton_c_hardy
> Sent: Thursday, 27 October 2005 06:05
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: Re: [EquisMetaStock Group] Help with a New Exploration
>
>
> Hi Tim,
>
> Sorry if my original question doesn't make too much sense. Its
been
> a long day :-/
>
> Basically what I'm after is to search for stocks which either have:
>
> (i) 2 complete bars for the last 2 days above the 2 MA lines; or
> (ii) 2 complete bars for the last 2 days below the 2 MA lines
>
> My definition of a complete bar in the OPEN, HIGH, LOW & CLOSE.
>
> Not sure if this make any further sense, but will definately try
> your code Tim.
>
> Thanks for the quick reply :-)
>
> Can I ask how hard or easy would it be to write a new Expert
Advisor
> which adds a BUY signal or a SELL signal to my chart based on the
> code you have kindly given me?
>
> For the record my Metastock book is currently in Storage and hence
> why I'm posting on here.
>
> Once again Many Thanks,
>
> Chorlton
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Tim" <prez@xxxx> wrote:
> >
> > Hi Chorlton,
> >
> > M1:=Mov(HIGH,10,SIMPLE);
> > M2:=Mov(Low,8,SIMPLE);
> > Sum(L>M1 and L>M2,2)=2 and Sum(H<M1 and H<M2,2)=2;
> >
> > What you are asking for doesn't make sense as the way it is
worded
> you are
> > asking for the Low to be above the High (which would actually
make
> the Lows
> > the Highs).
> >
> > This code none the less should point you in the right direction
> for what you
> > are wanting to achieve.
> >
> > Regards,
> > Tim Hyder
> > -------------------------------------------------------
> > A successful man is one who can build a firm
> > foundation with the bricks that others throw at him.
> >
> > David Brinkley
> > -------------------------------------------------------
> > _____
> >
> > From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx]
> > On Behalf Of chorlton_c_hardy
> > Sent: Thursday, 27 October 2005 05:36
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Help with a New Exploration
> >
> > Hello Guys,
> >
> > Can someone help me with another exploration that I'm trying to
> > write.
> >
> > I currently have two basic moving averages, the first one is a
10
> > day MA based on the price HIGH and the second is a 8 day MA
based
> on
> > the price LOW.
> >
> > These simple MA's are: Mov(HIGH,10,SIMPLE) & Mov(LOW,8,SIMPLE)
> >
> >
> > I'd like to write an exploration that identifies stocks where:
> >
> > 1) the price LOW's for the last 2 days is ABOVE both of the MA
> lines
> >
> > and,
> >
> > 2) the price HIGH's for the last 2 days is BELOW both of the MA
> lines
> >
> >
> > Any Help appreciated,
> >
> > Thanks,
> >
> > Chorlton
> >
> >
> >
> >
> >
> >
> >
> > SPONSORED LINKS
> >
> > Business
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> >
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