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http://trader.online.pl/MSZ/e-ex-NR4_Formula.html
--- In equismetastock@xxxxxxxxxxxxxxx, "keith" <fib1618@xxx> wrote:
>
> I couldn't find a NR4 day formula so I made up this one which doesn't seem to work very well
>
> range:=H-L;
> D1:=range<=Ref(range,-1);
> D2:=range<=Ref(range,-2);
> D3:=range<=Ref(range,-3);
> NR4:=range<=(D1 AND D2 AND D3);
>
> I also tried D1 Or D2 Or D3 instead of AND which seemed a bit better but still far too many passed -- I thought they were rare and guessed maybe 1-2% only would pass , but not 20-40%.
> I put this volume filter too, but there was still 38% passed
> {30 day MA Vol * C >=50000}
> Mov((V*C),30,E)>=50000
>
> any suggestions to improve it appreciated
>
> Keith
>
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