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formula work in indicator but not in explorer

Last post 04-12-2008, 19:36 by johnl. 2 replies.
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  •  04-11-2008, 15:43 26932

    formula work in indicator but not in explorer

    I have this formula and try to base on the macd histogram that is > 0 and also meet the stoch >80 and william%R > -20
    and I try to base on this to scan whatever the stock that meet this to start the trade.
    how can I make this work in explorer.
    thanks.

    hist:=OscP(24,52,E,$)-Mov(OscP(24,52,E,$),18,E);

    hist>0 AND ROC(hist,1,$)>0 AND

    Stoch(15,5)>80 AND WillR(30)>-20


  •  04-11-2008, 20:42 26933 in reply to 26932

    Re: formula work in indicator but not in explorer

    Hi AVENGINE,

    Welcome to the Forum.

    Have a read through the entire MS Users Manual, focussing on ranking and screening your securities.  This will tell you to add the code you listed to the fliter column of the explorer, to return only those securities that meet your criteria on the last bar of the chart.  You will also read the warnings about loading the right amount of data; there is also a lot of information on this site regarding loading the right amount of data.


    Hope this helps.

    wabbit Big Smile [:D]

    MS: 6.52 EOD, 7.x EOD, 8.0 PRO, 9.2 PRO w/QC, 10 PRO w/QC & MDK
    For custom MetaStock programming : http://www.wabbit.com.au
    My SkyPE status : wabbit.com.au SkyPE online status
    My SkyPE account : wabbit.com.au

  •  04-12-2008, 19:36 26939 in reply to 26933

    Re: formula work in indicator but not in explorer

           I first create an indicator with an if statement that gives me either a 1 or a 0.
     Then in the explorer I use the filter like Wabbit stated to select only stocks that
    have a 1. 
    If I like what I see I then use the system tester to see if it actually makes any money.

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