# need help on formula

#### cmlee

##### Member
hi,
does anyone has the formula to scan for the stocks which crossed or hit the support price ?
thanks

##### Super Moderator
cmlee said:
hi,
does anyone has the formula to scan for the stocks which crossed or hit the support price ?
thanks
How do you identify/define the support price? If you clarify this I can probably help you.

#### cmlee

##### Member
i have an indicator that calculates the support price, but it is password protected.
how can i make use of this indicator?

#### sachin divase

##### Member
How do you identify/define the support price? If you clarify this I can probably help you.

I WOULD LIKE TO DEFINE WITH HELP OF IMAGE ATTACHED.
SUPPORT MEANS
1)PRICE AT WHICH INVESTORS ARE WILLING TO PAY SAY RS 40/- ACCORDING TO CHART.
2)PRICE HESITATE TO FALL THAT LEVEL .
3)ACCUMULATION TAKES PLACE.
4)MOST OF THE TRADING TAKES PLACE AT THAT LEVEL.

SIR ,

I AM ALSO TRYING TO EXPLORE SUPPORT LEVELS WITH HELP OF METASTOCK
BUT YET NOT SUCCEED.

I AM ALSO INTERESTED TO EXPLORE FOR BREAKING OF RESISTANCE LINE AS SHOWN IN CHART.

##### Super Moderator
sachin divase said:

I WOULD LIKE TO DEFINE WITH HELP OF IMAGE ATTACHED.
SUPPORT MEANS
1)PRICE AT WHICH INVESTORS ARE WILLING TO PAY SAY RS 40/- ACCORDING TO CHART.
2)PRICE HESITATE TO FALL THAT LEVEL .
3)ACCUMULATION TAKES PLACE.
4)MOST OF THE TRADING TAKES PLACE AT THAT LEVEL.

SIR ,

I AM ALSO TRYING TO EXPLORE SUPPORT LEVELS WITH HELP OF METASTOCK
BUT YET NOT SUCCEED.

I AM ALSO INTERESTED TO EXPLORE FOR BREAKING OF RESISTANCE LINE AS SHOWN IN CHART.

From the attached chart you have provided it seems that what you need is a trendline breakout exploration.

You can try Metastock Automatic Trendline Add-in 1.0

##### Super Moderator
cmlee said:
i have an indicator that calculates the support price, but it is password protected.
how can i make use of this indicator?
If the current price is below the support indicator use this:

cross(c,ref(support indicator,-1)))

If the current price is above the support indicator use this:

L <= support indicator

Lot of thanks.

#### cmlee

##### Member
what does L means?

If the current price is below the support indicator use this:

cross(c,ref(support indicator,-1)))

If the current price is above the support indicator use this:

L <= support indicator

#### cmlee

##### Member
i copy and paste one of the formula into the filter area if exploration editor right?