Metastock Formulas New -

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

Check that numbers (like time periods) are in the right spot for the function. If you'd like to build a specific indicator: metastock formulas new

Custom High-Conviction Hammer Rule1:= (H-L) > ATR(14)*1.5; Demands high volatility range Rule2:= (H-C)/(H-L) < 0.25; Close must be in top 25% of range Rule3:= (H-O)/(H-L) < 0.25; Open must be in top 25% of range Rule1 AND Rule2 AND Rule3 Use code with caution. Copied to clipboard Why it's interesting Buy = CLOSE &gt; BBAND(20, 2, CLOSE, 2)

For decades, MetaStock has been the Colosseum of trading software—powerful, robust, and sometimes intimidating. However, if you search forums for "MetaStock formulas," you are usually met with the same relics from the early 2000s: basic Moving Average Crossovers, RSI(14), and MACD defaults. 50 EMA TrendFilter := If(C &gt

(e.g., "price above 200-day MA and RSI below 40")

Trend Filter: Price > 50 EMA TrendFilter := If(C > Mov(C,50,E), 1, -1);

: To find stocks closing between $20 and $50: C >= 20 AND C <= 50