NEXUS DATE PLUGIN
Introduction
Examples
Why have I developed this?
Disclaimer
Downloads
INTRODUCTION
The Nexus Date Plugin was developed by Richard Dale due to a limitation of MetaStock
when running explorations on stocks that are no longer active. It is available FREE - no catches.
What are Explorations?
MetaStock has a feature called Explorations which allow you to filter across a wide range of
data and end up with only those trading instruments that fit your criteria. For example,
you can write an exploration which shows you all securities which closed above their 50
day moving average. Explorations can be heavily customised to show exactly what you
define. Explorations are perhaps the most powerful feature of MetaStock.
So what is the limitation in MetaStock?
When MetaStock provides the results of the exploration , it is based upon the last date in that
chart. If that stock hasn't traded for a year, and passes the filter of your exploration,
it will come up in your results. This is most frustrating. There is no easy way in
MetaStock to know the age of the stock. Until now.
With this plugin you can add an additional condition into your exploration... ie Only
show this stock in the exploration results if it has traded within the last X calendar days
(where you can choose the value of X)
EXAMPLES?
eg. Your filter currently shows only securities that have closed above their 50 day moving average.
ie. C > MOV(C,50,S)
To incorporate this plugin where only stocks that have traded within the last 5 calendar days, simply add ExtFml( "NexusDate.DaysOld") < 5 into the filter.
ie. C > MOV(C,50,S) AND ExtFml( "NexusDate.DaysOld") < 5
It's that simple!
WHY HAVE I DEVELOPED THIS?
It's something I use in my own personal trading. Developing in Visual
C++ with the Metastock Developer's Kit is something very few people
have the
skills to perform and I thought I'd give something back to the rest of
the trading community. Perhaps you'll also consider subscribing to Premium
Data if you want reliable end-of-day data.
I do not intend to ever commercialise this plugin - I'm happy for
anybody and everybody to use it for free. If you really like this plugin and desparately want to
pay for it, give the money you think it's worth to a charity.
Are any of the indicators password protected?
None of indicators are password protected - you may edit and modify it
to suit your trading style.
Send your questions to:
KNOWN LIMITATIONS
Only works back to dates after 1 January 1970. Since this plugin is to be used primarily
for recent data this shouldn't be a problem.
FEEDBACK
I'm interested in your feedback. Let me know what you think of this Metastock add-in at
DISCLAIMER
In this day and age of litigation, everybody wants to blame someone else
when things don't go to plan.
Richard Dale nor any associate
of his, is not permitted to provide personal securities recommendations. Therefore
anything
that is either spoken, shown or implied within this web site, any downloaded
files, any links to other sites or communication related to this site will
not be taken as an investment recommendations or advice.
Before making an investment decision on the basis of any information received
from this web site or subsequent communications with Richard Dale or his associates,
I will consider with or without the assistance of a licensed securities adviser,
whether my application of the information is appropriate in light of my particular
investment needs, objectives and financial circumstances.
I understand and agree that Richard Dale nor any associate of his,
shall in no way be liable to myself or anyone else for any loss or injury
caused in whole or in part through any activity related to this web site.
In short, I guarantee that you will lose money in the market. If you do not
lose money in the market as a result of this web site or any tools that are
provided then give some of it to a charity.
DOWNLOADS
Before you download, read the disclaimer above. You may only
download the following files if you agree to the disclaimer.
Nexus Date Metastock Plugin v1.0 (156K download)
The above files will automatically install the NexusDate
DLL into Metastock, along with the following:
Indicator: Nexus*DaysOld
Explorer: Nexus*CurrentStocks
MetaStock is a registered trademark of Equis International