Comments on: MetaStock Tutorial 5 : Writing Formula for MetaStock Explorations

By: mehernosh

mehernosh — Tue, 18 May 2010 18:56:56 +0000

i would like to know the explorer formula for metastock if
when 5dema close crosses 13 dema close and consequently both these dema close crosses 26 dema at one point .plus or minus fractions can be considered

By: Taro

Taro — Sat, 14 Nov 2009 05:01:49 +0000

Hi VIGNESH,

Finding exit points is is the hardest aspect of trading.

No one can specify what is the best method for exit.
It depends on your mind and your method.

According to your example,
if you buy @ 101 in MACD buy signal, you might exit when the same MACD give you a sell signal.
Furthermore you might use EMA and channel in finding the better exits.

By: VIGNESH R

VIGNESH R — Tue, 10 Nov 2009 20:01:38 +0000

I WANT TO GET TARGET IN METASTOCK FOR EXAMPLE IF I BUY @ 101 IN MACD BUY SIGNAL WERE I WANT TO EXIT

By: Taro

Taro — Mon, 28 Sep 2009 13:38:51 +0000

Hi Ali,

Do you want the formula in MetaStock or Meta Trader?
According to your question, I guess that you are trading forex.

So, I think that your are using Meta Trader instead of MetaStock right?
Please let me know if I misunderstand.

By: ali nojo

ali nojo — Sun, 20 Sep 2009 19:02:37 +0000

do you know how to write the formula for metastock for example when there is a bulish candle stick buy at the open of next bar stop would be at the open of bulish candle and 2 target of 10 pips and 20 pips.is it also possible to move to breakeven when we hit the first target?
thanks