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[EquisMetaStock Group] Re: Breadth Indicator


  • Date: Sun, 22 Nov 2009 01:01:09 -0000
  • From: "rsb_44" <rsb_44@xxxxxxxxxxx>
  • Subject: [EquisMetaStock Group] Re: Breadth Indicator

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--- In equismetastock@xxxxxxxxxxxxxxx, mike milliken <mmilliken22@xxx> wrote:
>
> 
> Another alternative is to purchase the add on "Fire" it will do the task and much more. I use i for the doing the same thing for th S&P 500 plus alot of other tasks - Mike 
> 
> --- On Sun, 11/15/09, p_panther_73 <quantumb.1@xxx> wrote:
> 
> 
> From: p_panther_73 <quantumb.1@xxx>
> Subject: [EquisMetaStock Group] Re: Breadth Indicator
> To: equismetastock@xxxxxxxxxxxxxxx
> Date: Sunday, November 15, 2009, 3:06 AM
> 
> 
>   
> 
> 
> 
> One way to do this inside Metastock is as follows:
> Let's say that the securities of NYSE are named "s1", "s2",... "sN".
> You can create some formulae, containing the following code:
> 
> fml("nyse 1")
> 
> a1:=security( "s1",c);
> a2:=security( "s2",c);
> ............ .........
> a10:=security( "s10",c);
> (a1>mov(a1,40, s))+(a2>mov( a2,40,s)) +...+(a10> mov(a10,40, s));
> 
> fml("nyse 2")
> 
> a11:=security( "s11",c);
> a12:=security( "s12",c);
> ............ .........
> a1=20:=security( "s20",c);
> (a11>mov(a11, 40,s))+(a12> mov(a12,40, s))+...+( a20>mov(a20, 40,s));
> 
> ............ .........
> fml ("nyse N/10");
> ............ .........
> 
> Then, you create one final formula,
> 
> fml("nyse all")
> 
> where you place:
> 
> fml("nyse 1")+fml("nyse 2")+...+fml( "nyse N/10");
> 
> This should work, but I think it's going to be very slow, or even make your pc freeze. You may also consider trying to read metastock data via a custom program and perform the necessary calculations automatically (at least this is what I personally prefer).
> If you want to continue using your exploration, then why use sorting. You could simply take a sum of "1"s and there you have it!
> 
> Regards,
> 
> mc
> 
> --- In equismetastock@ yahoogroups. com, Rajiv Vyas <rajiv1@> wrote:
> >
> > I wanted to create a simple breadth indicator -- how many stocks in
> > NYSE are above their 40 day moving average. Right now, I run the
> > formula in Explorer and then dump the data in excel and sort it. How
> > does one do this without using excel?
> > 
> > Thanks,
> > -- 
> > Rajiv
> > Sent from Baltimore, MD, United States
> >
>




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