hi, i need some help to create an explorer for the "turtle soup +1" setup: - the market makes a new 20-bar low. the previous 20-bar low must have been
made at least 3 trading sessions earlier. the close of the new low (day 1) must be at or below the previous 20-bar low. thanks! charbel zaib 2014-08-01 17:45 GMT-03:00 [email protected] [equismetastock] < [email protected]>: > > > I forgot where I got these indicators from but it is pretty interesting. > > > > > Momentum Divergence > > > {Close Plot - Creates Plot1} > > LBP:=Input("Look Back Period",5,200,15); > > > CloseValue:=If(HHV(CLOSE,LBP)-LLV(CLOSE,LBP)<>0,HHV(CLOSE,LBP)-LLV(CLOSE,LBP),50); > > ClosePlot:=100*(CLOSE-LLV(CLOSE,LBP))/CloseValue; > > ClosePlot; > > > > {MACD Plot - Creates Plot2} > > FastMA:= Input("FastMA periods",5, 200, 12); > > SlowMA:= Input("SlowMA periods",5, 200, 26); > > LBP:=Input("Look Back Period",5,200,15); > > MyMACD:=Mov(CLOSE,FastMA,E)-Mov(CLOSE,SlowMA,E); > > MACDvalue:= > > If(HHV(MyMACD,LBP)-LLV(MyMACD,LBP)<>0,{THEN} > > HHV(MyMACD,LBP)-LLV(MyMACD,LBP), {ELSE} > > 50); > > MACDplot:=100*(MyMACD-LLV(MyMACD,LBP))/MACDvalue; > > MACDplot; > > > > -- charbel zaib
