Hi pspr,
I have no idea what formulas Steve Nison used to determine the candlestick experts for Above the Stomach and Below the Stomach in his MetaStock Add-on / Plug-in.
Below is my interpretation of those candlestick formations which may be of some assistance but if you use them then you do so at your own risk:-
{Above the Stomach}
{Below the Stomach}
Hopefully of some help,
rnr
I have no idea what formulas Steve Nison used to determine the candlestick experts for Above the Stomach and Below the Stomach in his MetaStock Add-on / Plug-in.
Below is my interpretation of those candlestick formations which may be of some assistance but if you use them then you do so at your own risk:-
{Above the Stomach}
Code:
Trenddown:=Dema(C,8)<Ref(Dema(C,8),-1);
Ref(Sum(Trenddown,7),1)>5 AND
Ref(Black(),-1) AND
Ref(L,-1)<Ref(LLV(L,5),-2) AND
O>=(Ref(O-C,-1)/2)+Ref(C,-1) AND
C>=(Ref(O-C,-1)/2)+Ref(C,-1);{Below the Stomach}
Code:
Trendup:=Dema(C,8)>Ref(Dema(C,8),-1);
Ref(Sum(Trendup,7),1)>5 AND
Ref(White(),-1) AND
Ref(H,-1)>Ref(HHV(H,5),-2) AND
O<=(Ref(C-O,-1)/2)+Ref(O,-1) AND
C<=(Ref(C-O,-1)/2)+Ref(O,-1);Hopefully of some help,
rnr