Metastock Formula

darsh_goswami · #51 20th May 2008, 05:07 PM

Quote:

Originally Posted by trade.vishal

Hi Traderji,

Request you to post the formula for below mentioned req for Explorer.

1. Stochastics- %K line rising above %D line below the lower band (below20) and %K line falling below %D line on the upper band(above80)

here u go ...

cross(stoch(%K,%D),20) & cross(80,stoch(%K,%D)
U need to create two different explorer ,.. or just bear with 1 n 0.

Quote:

2. Stocks trading near to its key sup/res areas.
3. Stocks giving a breakout or breakdown from key sup/res levels.

Need to be more precise about support n resistance. So plz post ur requirements.

Quote:

4. A stock which has retraced (fallen/risen) 38%, 50%, 61% from its peak/bottom.

simple way is use fibonacci tool. Though its quite possible to code it.

PCT:=Input("SWING REVERSAL %",0,100,5);
TOP:=Peak(1,HIGH,PCT);
BOTTOM:= Trough(1 ,LOW ,PCT );
DZ1:=TOP-((TOP-BOTTOM)*0.38);
DZ2:=BOTTOM+((TOP-BOTTOM)*0.38);

And so on for other ratios.

Quote:

5.Doji formation near key support/res areas.

Not so good with Candlesticks. sorry for that.

Regards,..
Darsh

trade.vishal · #52 24th May 2008, 02:01 PM

Thanks for the info Darsh.

Support & resistance :
Atleast 4points from where the stock has retraced/bounced and on breakout/breakdown of that point, stock has made 15-20% up/down move

Thanks again.
Vishal

maharaja0918 · #53 29th May 2008, 11:18 PM

can anybody give me the formula for R1 R2 R3 S1 S2 S3

AW10 · #54 30th May 2008, 01:57 AM

Here you go...

High/Low/Close are the three values from yesterdays price.
Use calculation below to find Pivot point first.

Pivot Point = ( High + Close + Low )/3

And then use various values to get various Resistence and supports levels.

R3 = High + 2*(Pivot - Low)
R2 = Pivot + (R1 - S1)
R1 = 2 * Pivot - Low
S1 = 2 * Pivot - High
S2 = Pivot - (R1 - S1)
S3 = Low - 2*(High - Pivot)

This works pretty well in liquid markets (also used by floor traders in US markets)

Happy Trading.

maharaja0918 · #55 30th May 2008, 10:19 AM

Can any one give me the formula of Support Registance R1 R2 R3 & S1 S2 S3
Thanks in advance

maharaja0918 · #56 30th May 2008, 10:20 AM

How to use the formula in metastock?

prabhjeetrana · #57 30th May 2008, 02:06 PM

Hello everyone, I want to use the formula based on Saint's pivot methods.

The indicator should notify the pivot which has atleast 10% retacement and the pivot low should be noted when price goes above the point from where 10% or more correction has taken place.

For e.g. Show Pivt hiigh arrow only once the price of say SCRIP A corrects from 100 to 90, now suppose price corrects till 80 and then moves 10% above pivot high 100 i.e 110 we get the pivot low arrow at 80, can anyone help me with this formula

venktn · #58 3rd June 2008, 05:11 PM

I am a new member in your family. I require metastock. Where can i find it? Please help me traderji.

darsh_goswami · #59 18th June 2008, 09:06 PM

Venkatan ,..
Simply go to www.equis.com

Prabhjeet ,.. sorry i can not help u much as i could not understand what u wanna know.

Vishal,.. May be my mind is out of order as i could not understand ur logic also.

Regards,..
DArsh

Aman1 · #60 19th June 2008, 07:58 AM

darsh,
ms formula for 3/10 Lbr oscillator with 16 period ma please.

Similar Threads for: Metastock Formula
Thread	Thread Starter	Forum	Replies	Last Post
metastock exploration formula	cmlee	Software	6	4th June 2006 10:27 PM
Metastock Formula Help	moneypick	MetaStock	0	20th August 2005 10:04 PM
Hull Moving Average MetaStock Formula	Debraj	MetaStock	0	22nd June 2005 12:28 PM
Formula for Metastock for Windows 6.52	amar	MetaStock	2	16th May 2005 08:36 PM
TradeStation & MetaStock Formula Language	bikertrader	MetaStock	4	10th December 2004 01:50 PM