MetaStock Gap Up Function
The Gap Up function simply identifies securities that have gapped up in price,
i.e. today's low is greater than yesterday's high.
Similar to the gap down function, the gap up function has no
parameters. Therefore it's normally used with other conditional statements. For
GapUp() AND V>Mov(V,20,S)
This formula specifies that the security must have
experienced a gap up (i.e., today's low is greater than yesterday's high), and
that today's volume must be greater than the 20 day average of the volume.
Looking at Figure 3.5, we can see this example applied to the chart.
Figure 3.5 _ Gap Up
article is a snippet from the
MetaStock Programming Study Guide...
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