Metastock Expert

JIIENDRA · #1 30th March 2006, 03:58 PM

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.................

Debraj · #2 30th March 2006, 04:23 PM

Directional Movement Indicator
.................................................. ................................................
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
.................................................. .................................................. .

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

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

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

JIIENDRA · #3 31st March 2006, 12:10 PM

Thanks Debraj

JIIENDRA · #4 31st March 2006, 12:15 PM

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

Thanks.

Debraj · #5 31st March 2006, 04:40 PM

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 ***** 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

bharatk8 · #6 1st April 2006, 09:40 AM

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

Debraj · #7 1st April 2006, 10:39 AM

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

casoni · #8 5th April 2006, 01:02 AM

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

dmtrader · #9 6th April 2006, 11:39 AM

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

bharatk8 · #10 7th April 2006, 01:13 PM

Quote:

Originally Posted by Debraj

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

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)

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