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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: TPOTO-2023   😊 😞
Number: of 6243 
Subject: Re: New Highs and New Lows
Date: 04/21/23 11:07 AM
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No. of Recommendations: 2
Philly Tide-

Yes, those formulas look fine- thank you.

I added a second line right after your formula that varies
the lookback number and the summation to be a variable
(using K1 and M1 below)
instead of a fixed number.

That way you can make a 2x2 table in Excel
(lookback values as a row and summation values a column)
and see the results of changing the variables.

Or use the solver add-in of Excel.
(If you have never used solver, take a few minutes to check it out.

Column E
=IF(B14=MAX(B14:B20),1,0) - (Philly Tide's)
=IF(B14=MAX(b14:OFFSET(B14,$K$1,0,1,1)),1,0) (using a variable)

Column F
=IF(C14=MIN(C14:C20),1,0)
=IF(C14=MAX(c14:OFFSET(C14,$K$1,0,1,1)),1,0)

Column G
=SUM(E14:E20)
=SUM(E14:OFFSET(E14,$M$1,0,1,1))

Column H
=SUM(F14:F20)
=SUM(F14:OFFSET(F14,$M$1,0,1,1))

NOTE:

(this is assuming the data is sorted with the latest (newest) first
and the oldest last and in this case that the data starts (say, April 2023).
in the 14th row)
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This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
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