MetaStock Tutorial 6 : More on MetaStock Explorations Formula

To build a MetaStock Exploration, traders are able to use built-in functions in MetaStock. Over 190 MetaStock functions can be listed for traders, the selected function can be inserted directly into the exploration.

Suppose that traders would like to modify the exploration which has built in the Writing Formula for MetaStock Explorations tutorial. Instead of finding all stocks that their 3 days moving average has just crossed above their 10 days moving average, let find stocks that have met the chosen crossover criteria in the past five days.

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To list the MetaStock functions, just simply click the Function button in Exploration Editor dialog.

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In the Paste Functions dialog, select the Alert function then click OK

Note: Alert(Expression, Periods) function used in conjunction with other functions to extend a signal for a specified number of periods. In other words, it holds an expression as true for as long as traders wish.

So, the MetaStock formula to find all stocks that their 3 days moving average crossed above their 10 days moving average in the past five days will be Alert( Cross( Mov(C, 3, E) , Mov(C, 10, E) ), 5)


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One Response to “MetaStock Tutorial 6 : More on MetaStock Explorations Formula”

  1. Sandeep says:

    Thanks for shearing good information :-)

    Please elaborate more……..

    ~Sandeep

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