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| Discuss Expansion Breakout Formula in Fchart Pro at the F-Chart within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I came across a "Expansion Breakout formula" in Metastock and have tried to ... |
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#1
5th October 2007, 02:08 PM
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Expansion Breakout Formula in Fchart Pro
I came across a "Expansion Breakout formula" in Metastock and have tried to convert in Fchart Pro for your analysis:
Expansion Breakout [Long] : (H = HIGHEST_H[42]) AND (TR >= TR[1]) AND (TR >= TR[2]) AND (TR >= TR[3]) AND (TR >= TR[4]) AND (TR >= TR[5]) AND (TR >= TR[6]) AND (TR >= TR[7]) AND (TR >= TR[8]) AND (TR >= TR[9]) For tomorrow's Buy : Buy above todays High + 0.125 and Stop : Yesterday's close - 1.0 Expansion Breakout[Short] : (L = LOWEST_L[42]) AND (TR >= TR[1]) AND (TR >= TR[2]) AND (TR >= TR[3]) AND (TR >= TR[4]) AND (TR >= TR[5]) AND (TR >= TR[6]) AND (TR >= TR[7]) AND (TR >= TR[8]) AND (TR >= TR[9]) For tomorrow's Sell : Sell below todays Low - 0.125 and Stop : Yesterday's Close + 1.0 Cheers Himadri 
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#3
1st December 2007, 06:09 PM
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Re: Expansion Breakout Formula in Fchart Pro
Quote:
why? plz help chintan
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#4
2nd December 2007, 09:37 AM
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Re: Expansion Breakout Formula in Fchart Pro
Chintan,
Above formula is suitable only in Fchart Pro. Metastock formula has different syntax which is as follows :- Buy A:=Close B:{Breakout}(H-L)>ATR(9) C:{Signal}Ref(C,-2)<=Mov(C,50,S) and Ref(C,-1)>Mov(C,50,S) OR Ref(C,-1)<=Mov(C,50,S) and C>Mov(C,50,S) D:{entry}HHV(H,2)+.125 E:{Stop}If(Ref(C,-2)<=Mov(C,50,S) and Ref(C,-1)>Mov(C,50,S),Ref(C,-1)-1,If(Ref(C,-1)<=Mov(C,50,S) and C>Mov(C,50,S),C-1,0)) Filter:ColB and ColC Sell A:=Close B:{Breakout}(H-L)>ATR(9) C:{Signal}Ref(C,-2)>=Mov(C,50,S) and Ref(C,-1)<Mov(C,50,S) OR Ref(C,-1)>=Mov(C,50,S) and C<Mov(C,50,S) D:{entry}LLV(L,2)-.125 E:{Stop}If(Ref(C,-2)>=Mov(C,50,S) and Ref(C,-1)<Mov(C,50,S),Ref(C,-1)-1,If(Ref(C,-1)>=Mov(C,50,S) and C<Mov(C,50,S),C-1,0)) Filter:ColB and ColC Hope you will find the same in order. Cheers Himadri
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#5
2nd December 2007, 09:44 AM
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Re: Expansion Breakout Formula in Fchart Pro
Still no help... where to paste this Formula .In indicator Builder or Explorer.
I had tried both. Pasted the formula As it is provided by u.. but no help. I have 9.1 version of MS. chintan
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#6
2nd December 2007, 09:52 AM
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Re: Expansion Breakout Formula in Fchart Pro
Quote:
Himadri
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#7
2nd December 2007, 10:27 AM
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Re: Expansion Breakout Formula in Fchart Pro
Quote:
chintan
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can you help me?
