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2 - Month's High & Today's Range

Formula for: MetaStock

Views: 77067

Added: May 29, 2008

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from: "Theo E.M. Lockefeer"
Reply-To: metastock@xxxxxxxxxxxxx
To: "Metastock User Group"
Subject: Formula Knowledge
Date: Wed, 1 Mar 2000 21:30:04 +0100

All :

How do I find in an exploration :

a) the fact that Today is a 2-month's high .

b) Today's Range (High-Low) is equal to or larger than the largestrange of the previous nine trading days.

Thx.
Theo L.

<< TheoE.M.Lockefeer.vcf >>

Re: Formula Knowledge

. To: metastock@xxxxxxxxxxxxx
. Subject: Re: Formula Knowledge
. From: "David Bozkurtian"
. Date: Wed, 01 Mar 2000 18:53:27 PST
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Theo,

Try:

Code:

2 - Month's High & Today's Range ....

C = HHV(C,40)
{today's current value = highest high value of last 40 days or 2 months}

AND (H-L)
{Today's range}

>= Ref(HHV(H-L,9),-1)
{Yesterday's value of the prior nine day's highest value of the range.}

Source: http://purebytes.com/archives/metastock/

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