Metastock Exploration Formula |
Close Above Median Price |
This exploration is designed to find those stocks where the close is above the median price over the past five days. It matches the steps in Dels bvook The Strategic Electronic Day Trader.
The filter in the exploration only shows those stiocks that have the strongest bullish bias over all 5 days. By removing the filter all stocks will be shown. Ranking the first colum will then allow you to estaboish the overall score for each stock. |
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| Col B: |
(Ref(CLOSE,-1))-(Ref( MP() ,-1)) |
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| Col C: |
(Ref(CLOSE,-2))-(Ref( MP() ,-2)) |
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| Col D: |
(Ref(CLOSE,-3))-(Ref( MP() ,-3)) |
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| Col E: |
(Ref(CLOSE,-4))-(Ref( MP() ,-4)) |
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| Filter: |
colA>=0 AND colB>=0 AND colC>=0 AND colD>=0 AND colE>=0 |
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