Hi Purush,
I saw your recent posts and u r really metastock expert. I got below noted explorer from the net but did not understand anything about this. Please tell how to utilize this to get best out of it.
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Exploration notes {Place in MetaStock Explorer filter section.
Recommended to predict sustained swings, contributed
by from Rajat K. Bose.Further developed by Asish Roy
Chowdhury,Entry after 1st Dip
Col A: Close C {close}
Col B: (ADX(14) < LLV(PDI(14),25))
AND (ADX(14) < LLV(MDI(14), 25));
Col C: C1 := Ref( C , -1 ) ;
K := HHV( ( H - C1 ) OR ( L - C1 ) , 1 ) ;
L = C1 * 0.20;
R := ATR( 1 );
((ADX(14) < LLV(PDI(14),25))
AND (ADX(14) < LLV(MDI(14), 25)))/R*(K/L)*1000;
Filter C1 := Ref( C , -1 ) ;
K := HHV( ( H - C1 ) OR ( L - C1 ) , 1 ) ;
L = C1 * 0.20;
R := ATR( 1 );
((ADX(14) < LLV(PDI(14),25))AND
(ADX(14) < LLV(MDI(14), 25)))/R*(K/L)*1000 AND
V>100000 AND
C>100.00
Filter enabled Yes
Periodicity Weekly
Records required 50