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Try this:
---8<------------------------
pdsLookback:= 20;
pdsAway:= 4;
Lo:= L=LLV(L,pdsLookback);
LoPds:= BarsSince(Lo);
Lo AND Ref(LoPds,-1)>=pdsAway
---8<------------------------
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, "Rohan Alva" <rxalva@xxxx>
wrote:
> i want to scan for stocks which fulfill the following criteria,
using metastock:
> - today's low must be a new 20-day low
> - it should also be atleast 4 or more periods away from the previous
20-day low
>
> hence,
> - today's 20-day low = LLV(LOW,20)
>
> can someone tell me how to check if today's low is atleast 4 or more
periods away from the previous 20-day low......what should i add to
the above metastock formula ???
>
> thanx n regards
> rohan
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