# NEOTICKER DATA BEGIN
ScriptType=Indicator
Description=Advance Issues Pattern 1
Name=AdvIssuesPattern1
Language=Formula
Links=2
MinBars=0
TimerInterval=100
MetaStyle=Normal
ValueRange=Same as Source
Placement=Smart
Multiplot_num_plots=1
Multiplot_color_0=255
Multiplot_style_0=Line
Multiplot_width_0=1
Multiplot_enabled_0=1
Multiplot_breakstyle_0=0
UpdateByTick=0
TradingSystemUI=1
PrimaryLinkOnly=0
NotifyOnRemoval=0
Param_count=1
Param_name_0=Adv Period
Param_inuse_0=1
Param_type_0=integer.gt.0
Param_default_0=4
Explanation_Lines=0
# NEOTICKER DATA END

' Advance Issues Pattern 1
' written by Lawrence Chan
' Copyright (c) 2005 TickQuest Inc.
' All Rights Reserved

' Links
' 1 - price series
' 2 - advance issues series

short_signal :=
   data2 > average (data2, param1)
   and data2 (1) > data2
   and data2 (2) <= data2 (1)
   and data2 (3) < data2 (2);

shortatmarket (short_signal, defaultordersize,"Short");
shortexitnextclose (true, defaultordersize, "SExit");

plot1 := currentequity;