Re: [EquisMetaStock Group] Help with writing an Explorer in MS

["Roy Larsen" <rlarsen@xxxxxxxxxxxxxx>]

Hi Chorlton

 

 

Try this for the exploration. You'll need to decide on a filter setting.

 

{colA}

(H-L)>=4*Abs(O-C) AND H<>L;

{colB}

A:=(H-L)>=4*Abs(O-C) AND H<>L;
Sum(A,30)>11;

 

{filter}

{as required}

 

 

Use this indicator to see what the binary (logical) result from each expression is.

 

{New Indicator}
A:=(H-L)>=4*Abs(O-C) AND H<>L;
A+1.1;
Sum(A,30)>11;

 

 

Regards

 

Roy

www.metastocktips.co.nz

 

 

----- Original Message -----

From: chorlton_c_hardy

To: equismetastock@xxxxxxxxxxxxxxx

Sent: Wednesday, December 14, 2005 11:51 AM

Subject: [EquisMetaStock Group] Help with writing an Explorer in MS

Hello All,

Can anyone offer any help on writing an Explorer which meets the
following criteria:

Select stocks which have:

1) the Overall Spread (difference between High & Low) is >= 4x the
difference between the Open & Close

An example of a stock meeting the criteria would be one where:

High=120, Low=55, Open=88, Close=100 
H(120)-L(55)=65, C(100)-O(88)=12
65 > 48 (4*12)


2) The above pattern (which is for 1day) has occurred 12 times in
the last 30 periods



Basically, I want to do a search for stocks which regularly reach
extended highs & lows but open & close within a short range AND have
followed this pattern for a number of days within a set period. Does
this make sense??


Any help would be appreciated as I'm getting a bit comfused trying
to code it.

Thanks,

Chorlton

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