Metastock Formulas New -

Writing a formula requires understanding three primary building blocks:

Access it via Tools > Indicator Builder to see function syntax. metastock formulas new

Code a 3-bar reversal pattern that triggers only if the prior 5 bars had a higher standard deviation than the 20-bar average. Post your attempt below. metastock formulas new

This formula identifies bullish divergences when the short-term moving average is below the long-term moving average and the short-term momentum is above the long-term momentum. Similarly, it identifies bearish divergences when the short-term moving average is above the long-term moving average and the short-term momentum is below the long-term momentum. metastock formulas new