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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (2804)	2/22/1999 12:48:00 AM
From: Craig DeHaan	Read Replies (1) \| Respond to of 4056

Nico, Here's something Stefan posted about a year ago that you can probably modify to fit your pattern as a starting point. You'll need to change the secondary HHV lookback numbers to shorter term to restrict the rebound leg % or eliminate it altogether. As bdog said, the double top and bottom patterns at the Equis custom formula site should be adaptable, but use zig-zag trough/peak calculations instead of HHV, LLV to determine pivot points. CP === per Stefan Retest 3-Month HHV w/16% Range- This scan should look for tops and is therefore looking for shorting candidates. In the last 3 lines i'm looking for a retracement from the top of 16% and then a rerun to the old high which it can exceed slightly. I remember that the second top in a double top can be a little higher and therefore gave it a little more space to the upside. Filter: BarsSince(HHV(C,65)=C)<=30 AND BarsSince(HHV(C,65)=C)>=18 AND LLV(C,17)<=HHV(C,82)0.84 AND C>HHV(C,82)0.94 AND C<HHV(C,82)1.02