There is not a single comprehensive source of knowledge on MS formula writing. The User's Manual explains all of the functions in detail and has a few examples. The Formula Primer gives a lot more foundation for how to do certain tasks with the functions that are available. It does have quite a few examples and these will spawn a ton more ideas as you work through the exercises.
In reality, it's easy and fun, if you take it slowly, step by step. Let's consider a common trader's question: "How can MetaStock help me find all the stocks where the 3 day moving average has just crossed above the 10 day moving average?
Here's a step by step guide for beginners: 1. Open up your Explorer tool in MetaStock by clicking on the little "binoculars" symbol in metastock formula writing and nomenclature upper right field of your screen, or find it under Tools in the drop-down menu.
You will be presented with the Explorer screen showing a list of ready-made Equis Explorations plus various options to view or edit them. More about these later. Look instead at the list of options to the right.
Choose the "New" button and click.
You've just starting writing your own MetaStock Exploration! Note that the Explorer screen has an upper section labelled "Notes" and then, just below, seven columns, with tabs, labelled "A" to "F," plus "Filter. Click on its tab and you're ready to write a MetaStock formula in this column.
Here's a quick explanation to ponder, before we go further. What you've just entered under MetaStock Explorer's Filter is a much more simple formula than you realise!
The version of the indicator I use in MetaStock v is: Mov(OscP(5,34,E,$),5,S) days minimum of data. The peaks of the histogram help identify waves 1, 3 and 5 and troughs for waves 2 and 4. Use MetaStock line studies (both trendlines, channels and. This free software solution from plombier-nemours.com allows MetaStock V8 users to select folders for explorations without the need to specify every single stock in the folder. This is a great time saver. This is a good resource site for MetaStock formulas, and for other information on using MetaStock for successfully. ANSWERS: Formula writing and nomenclature of inorganic compounds 1. Determine the oxidation number of S in each of the following compounds: a) Na2S2O3 ans. a) +2 b) H2SO3 b) +4 c) SO2 c) +4 d) K2S2O4 d) +3 e) Al2S3 e) -2 f) BaS2O8 f) +7 2.
In this case, we're putting two different moving averages in the place of A and B. MetaStock writes the English language phrase "Moving Average of the past 3 days" as "mov c,3,s " and the second moving average is exactly the same, with the numeral 10 substituted for the 3.
Your first MetaStock Exploration is now finished. Click "OK" in the lower left of the Explorer field to save it and you will quickly find your own "Moving Average Crossover" Exploration added to those already on MetaStock's ready-made list. Next, click on the "Explore" button and MetaStock will prompt you for the path to the place on your computer where you have all your ASX or other data.
Choose which securities you want to scan.
I suggest that you choose them all to start with, and save this as a "List" named "All" so that when you make more Explorations you won't have to go through this step again. You can just choose the "All" list whenever you want to scan stocks.
Take note at this point that MetaStock has excellent assistance for you under its "Help" tab as well as one of the best software manuals ever written. MetaStock will quickly verify that your stocks are where you say they are, and prompt you for an "OK". Once you do this, you can watch a nifty screen where MetaStock outlines its search for all the stocks that match your search Filter criteria.
How long this process takes depends once again on the speed of your computer! MetaStock allows you to open each or all of these stocks in full screen pages for further analysis.Largest database of free formulas, indicators, oscillators and trading systems for Amibroker (AFL), Metastock, eSignal (EFS), and NinjaTrader Listing Indicators.
Example Searches Section and Click on new go to symbol add new write name Buy select buy arrow with green colour and put this formula Cross(C,SAR,.2)) again click on. GETTING STARTED WITH METASTOCK Part 9: WRITING METASTOCK EXPLORATIONS Notes from Patrick McDonald.
MetaStock is a marvellous program for traders, but can appear complicated and intimidating at first. In reality, it's easy and fun, if you take it slowly, step by step.
You need to tell MetaStock a minimum and maximum value for MetaStock to test. Opt1 is how many times you would like to multiply the ATR. Opt2 is the number of periods over which the ATR is calculated.
Opt3 is how many periods MetaStock should look back when calculating the highest value of . This free software solution from plombier-nemours.com allows MetaStock V8 users to select folders for explorations without the need to specify every single stock in the folder.
This is a great time saver. This is a good resource site for MetaStock formulas, and for other information on using MetaStock for successfully. Nov 18, · In this article, I will give some examples of how to apply systems turtle trade using MetaStock.
One of the most used tools for MetaStock Explorer with this tool REV Trader PRO Review can filter titles that do not match the criteria given.
Criteria can be defined in writing MetaStock formula like the following example. Search our extensive database of FREE MetaStock Formulas. Within these pages you will find a list of some of the most useful MetaStock formula available.
It includes formula collected from MetaStock, numerous MetaStock forums, and a collection of trading magazines.
It is our belief that that all formula are in the public domain.