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Hi Pablo
My code is correct (assuming that my understanding of Rowdy's question is correct). He didn't want to know what stocks had been above the 30-period EMA for ALL of the last 5 bars (your code with =5, meaning all 5), but what stocks were above the 30-period EMA on ANY of the last 5 bars (my code with >0, meaning 1 or more).
The code I offered returns a TRUE if the condition C>Mov(C,30,E) was TRUE on one or more bars over the last 5 bars. A FALSE is only returned when none of the last 5 bars met the stated condition.
My response to Rowdy was correct as far as I understood his question. If I misunderstood his question then, of course, my solution might have been incorrect because I would have been answering the wrong question. In this case I think the question was reasonably clear but all too often questions are put in an ambiguous manner and the answer will vary according to interpretation. The question on ADX(14) put a short while ago got two different answers because Jawjahtek and I interpreted the question differently. Consequently we gave quite different answers, both of which were correct. Only Ciro would know which answer he was looking for.
Regards
Roy
www.metastocktips.co.nz
----- Original Message -----
From: Paolo
To: Roy Larsen
Sent: Wednesday, July 12, 2006 5:02 AM
Subject: [Norton AntiSpam] [SPAM] [EquisMetaStock Group] Close above EMA last five Bars? Help
Roy,
When I saw your code something was "wrong" for me.
I was not sure about what (I said a bracket before)
I think the idea is correct but the condition must be
"=5" instead of ">0"
Sum(C>Mov(C,30,E),5)>0; { You wrote }
Sum(C>Mov(C,30,E),5)=5; { I reply }
Am I wrong ? (I'm ussually confused!)
Best regards,
Pablo
RL> Hello Everyone,
RL> I'm trying to develop an explorer that will search for stocks that
RL> have moved above their 30-EMA in the last five bars. I have got the
RL> following, but is it possible to add (in the last five bars)?
CLOSE >> Mov(CLOSE,30,EXPONENTIAL)
RL> Thanks
RL> Rowdy
[Non-text portions of this message have been removed]
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