Metastock Expert

can anybody help me to get readymade formula for "Directional Movement" Uptrend signal : +DI14 crosses above -DI14 and ADXR >= 25
Downtrend signal : -DI14 crosses above +DI14 and ADXR >= 25

Thanks.................

Directional Movement Indicator
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DIperiod:= Input("Choose DI period", 5, 50, 14) ;

ADXRPeriod:=Input("Choose ADXR period", 5, 50, 14) ;

ADXRcutoff:=Input("Choose ADXR cutoff value", 5, 50, 25) ;

ADXRCond:= ADXR(ADXRPeriod) >=ADXRcutoff;

Buy:= Cross(PDI(DIperiod) ,MDI(DIperiod))

AND ADXRCond;

Sell:=Cross(MDI(DIperiod) ,PDI(DIperiod))

AND ADXRCond;

Buy-Sell
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Expert Symbol Buy
....................................................................................................
fml("Directional Movement Indicator") = 1
.......................................................................................................

Expert Symbol Sell
.......................................................................................................

fml("Directional Movement Indicator") = -1
......................................................................................................

Thanks Debraj

can you help me to create expert with,
fast ma (3-5) and a slow one (21-33) ?

Thanks.

Hi JIIENDRA,

I suggest that you go through the MS manual and study the Equis formula primer (http://www.equis.com/Customer/Resources/). Also become a member of the official Equis Metastock Forum and of the Equismetastock Yahoo group, and study the formulas posted there. In no time you will be able to create your own experts.

MA Expert
....................................................................................................

FastMAPeriod:=Input("Fast MA Period", 2,10,3);

SlowMAPeriod:=Input("Slow MA Period", 15,50,21);

FastMA:=Mov(C,FastMAPeriod,E);

SlowMA:=Mov(C,SlowMAPeriod,E);

Buy:= Cross(FastMA,SlowMA);

Sell:=Cross(SlowMA,FastMA);

Buy-Sell
......................................................................................................

Expert Buy symbol

fml("MA Expert")= 1
........................................................................................................
Expert Sell symbol

fml("MA Expert")= -1
.....................................................................................................

Debraj

hi DEBRAJ.... pl. patronise this thread(just as SAINT has done recently by starting a thread ... "teach a man to fish.......) ..........pl. discuss the formulas which u have found to be useful over the years.....may be than only juniors will be able to digest numerous formulas available on links provided by u

Hi bharatk8,

I really wish it were that simple. At the risk of repeating a cliche I must say that everyone has to find his or her own unique trading style through trial and error. The learning curve can be shortened if one can find a mentor.

Regards,

Debraj

Re: Metastock indicator buider

pls help me how to build reliable buy-sell indicator..as i m new to technical analysis.& new to metastock ...thanks

There are a series of formulas which you use and then apply them on a stock's price over 28 days in order to end up with all the accumulated averages (e.g. ADXR, +DI14, -DI14, etc.).

There is a site that generates these signals for the nasda100, sp500, DJI, a canslim screen and some uniques break-out scree at http://www.dmtrend.com

hi.....A.young active trader/forum member has sent a MS formula on the basis of his trading experience..... i appreciate his wllingness to share his experience ...and expect others to follow the example set by him..........i am posting the formula for feedback /evaluation/......."I have created a MS formula for intraday sell signle, check it out,
Step 1 ;- open MS Explorer\new\filter
Step 2 ;- copy this formula in filter:- Ref(C,-1) < Ref(SAR(0.02,0.2),-1) AND Ref(C,-1) < Ref(BBandTop(C,20,S,2),-1) AND C > SAR(0.02,0.2) AND C > BBandTop(C,20,S,2)

for past observation of this forrmula for either it is working or not, you have to creat
an MS Expert Advisor as below,
Step 1 :- MS Expert Advisor\new\symbols\new
Spet 2 :- type above formula in condition box & choose graphic for creat symbol & lable & click ok
& check it
I found that many stocks are available for sure Intraday-sell.
Vaghela(Bhavnagar)