Metastock Formulas New -

As you progress, you can use more complex logic to build sophisticated tools: MetaStock Formula Language Overview | PDF - Scribd

The foundation of any new MetaStock formula is its proprietary functional language. While it shares some logic with Excel, it is specifically designed for time-series data. Key Syntax Reminders metastock formulas new

colA: C > Security("", PERIODDAILY, VWAP) AND Ref(C, -1) < Ref(Security("", PERIODDAILY, VWAP), -1) As you progress, you can use more complex

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. You become a strategist, not a typist

// Divergence Detector (SPX vs VIX) SPX_High := Security("SPX", H); VIX_High := Security("VIX", H); Signal := SPX_High > Ref(SPX_High, -5) AND VIX_High > Ref(VIX_High, -5); Signal

The AI generates the code instantly. This is the "new" workflow for professional MetaStock users. You become a strategist, not a typist.

Buy = CLOSE > BBAND(20, 2, CLOSE, 2)