Exploration for ADX

Discussion in 'MetaStock' started by Perty, Aug 2, 2007.

  1. Perty

    Perty New Member

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    Can somebody please write an exploration for ADX(14)
    Fyi, I use Metastock 7.2 EOD


    The conditions are as follows -
    a) The adx(14) indicator should be equal to or greater than 30 levels.
    b) Also the adx(14) should have risen above the 30 levels within the last 30 days.


    The scan results should show all stocks whose adx(14) is equal or greater than 30 level for the last 30 days. So the scan results would show stocks whose adx(14) is above 30 levels 30 days ago, 29 days ago .........15 days ago and as lastest as yesterday.

    I am not interested in stocks whose adx(14) is above 30 levels for more than 30 days .... I am interested in recent stocks (30 days) ... young and emerging trends.

    The idea is to buy the young trendy stocks on dips in the current bull market.
    I would like to use the Explorer functionality in Metastock for this scan.

    Thank you in advance.
     
  2. abcpankaj

    abcpankaj Active Member

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    http://www.m eta-formula.com/Metastock-Formulas-A.html#ADX_/_ADXR_Custom_(without_Rounding)_
     
  3. ggshah

    ggshah Member

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    try :

    adx(14)>30 and ( cross(ref(adx(14),-1),30) or cross(ref(adx(14),-2),30) or cross(ref(adx(14),-3),30) or cross(ref(adx(14),-4),30) or cross(ref(adx(14),-5),30) or cross(ref(adx(14),-6),30) or cross(ref(adx(14),-7),30) or cross(ref(adx(14),-8),30) or cross(ref(adx(14),-9),30) or cross(ref(adx(14),-10),30) or cross(ref(adx(14),-11),30) or cross(ref(adx(14),-12),30) or cross(ref(adx(14),-13),30) or cross(ref(adx(14),-14),30) or cross(ref(adx(14),-15),30) or cross(ref(adx(14),-16),30) or cross(ref(adx(14),-17),30) or cross(ref(adx(14),-18),30) or cross(ref(adx(14),-19),30) or cross(ref(adx(14),-20),30) or cross(ref(adx(14),-21),30) or cross(ref(adx(14),-22),30) or cross(ref(adx(14),-23),30) or cross(ref(adx(14),-24),30) or cross(ref(adx(14),-25),30) or cross(ref(adx(14),-26),30) or cross(ref(adx(14),-27),30) or cross(ref(adx(14),-28),30) or cross(ref(adx(14),-29),30) or cross(ref(adx(14),-30),30) )
     
  4. 28craj

    28craj New Member

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    this does not work


     
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