Metastock Formula

#2
lakefire12 said:
Hi Traderji,

I want to know whether anybody can write Trading Systems (Metastock Formulas) for a particular parameter. Thank You
There are many members who can probably help you if you post your parameters here.
 
#3
Hi,
These are my requirements.

"cross of the 5 period exponential moving average of the close above the 6 period exponential moving average of the open for a BUY signal amd vice versa for a SELL signal. The signal Should show as UP arrow and Down Arrow marked in different colours.

If you can help me That will be great. Thanks in advance.
 
#5
lakefire12 said:
Hi,
These are my requirements.

"cross of the 5 period exponential moving average of the close above the 6 period exponential moving average of the open for a BUY signal amd vice versa for a SELL signal. The signal Should show as UP arrow and Down Arrow marked in different colours.

If you can help me That will be great. Thanks in advance.
Hi

buy:=Cross( Mov(C, 5, E ) , Mov(O, 6, E )) ;
sell:=Cross( Mov(O, 6, E ) , Mov(C, 5, E )) ;
If(buy,1,If(sell,-1,0));

Harish
 
#6
Hi,
I need something like it is in the Sample.gif with the bars turning Blue from the buy signal and turning Red from the sell signal along with the arrows and the text. The text should be in the colour of the arrows. No need for the moving average to be shown on the chart

The moving averages plotted are "5 Exponential Close" is in Blue and "6 Exponential Open" is in Red. Hope somebody can help me. THIS FORMULA IS FOR EXPERT ADVISOR. Thank You
 

Attachments

Last edited:

Traderji

Super Moderator
#7
Open Metastock, Click on Tools->Expert Advisor->New and enter whatever name you want to give.

Then Click the Highlights tab -> New -> enter Bullish as name. Under condition add:
Mov(C, 5, E ) > Mov(O, 6, E ), Select colour as Blue. Click Ok.

Then similarly add an another condition under Highlights called Bearish under it add:
Mov(O, 6, E ) > Mov(C, 5, E ), select colour as Red and click ok.


For the BUY and SELL arrows:

Add the following two conditions under Symbol.

BUY

Cross( Mov(C, 5, E ) , Mov(O, 6, E ))

Select the appropriate symbol.

SELL

Cross( Mov(O, 6, E ) , Mov(C, 5, E ))

Select the symbol.

Click ok -> ok.

TO display this expert advisor, open any chart, then right click, select Expert Advisor -> Attach. Select the Expert Advisor you had jus made then click on Ok.
 

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