Metastock Formulas New Jun 2026

For instance, the formula for Beta, which measures a stock's volatility relative to an index (like the S&P 500), is as follows. A value greater than one indicates the stock is more volatile than the market.

// Volume Weighted RSI - A "New" Perspective UpVol := IF(ROC(C,1,$) > 0, V, 0); DownVol := IF(ROC(C,1,$) < 0, V, 0); AvgUpVol := Wilders(UpVol, 14); AvgDownVol := Wilders(DownVol, 14); RS := AvgUpVol / AvgDownVol; VWRSI := 100 - (100 / (1 + RS)); VWRSI

Use the formulas provided in this guide:

Adaptive Volatility Breakout Period := Input("ATR Period", 5, 50, 14); Mult := Input("ATR Multiplier", 1, 5, 2.5); UpperBand := mov(C, 20, S) + (Mult * ATR(Period)); VolumeConfirm := V > mov(V, 20, S) * 1.5; Cross(C, UpperBand) AND VolumeConfirm 2. The Multi-Timeframe Momentum Signal metastock formulas new

AI responses may include mistakes. For financial advice, consult a professional. Learn more

Buy when ZeroLagEMA changes from Red to Green (requires color coding in Expert Advisor).

: To find stocks closing between $20 and $50: C >= 20 AND C <= 50 For instance, the formula for Beta, which measures

This formula is designed to identify bullish and bearish divergences between price and momentum.

An indicator is useless if you have to manually check 500 stocks. New MetaStock Explorations are about speed and precision.

: References past data. Ref(C, -1) tracks yesterday's close. The Multi-Timeframe Momentum Signal AI responses may include

While MetaStock does not have native AI, third‑party add‑ons like and X‑Suite incorporate machine learning to identify chart patterns and optimise trade selection. These tools are built on over two decades of AI research and can be integrated directly into your MetaStock workflow.

// The False Break Detector MA200 := Mov(C, 200, S); Breakout := Cross(C, MA200); VolSurge := (V / Ref(V, -1)) > 2.0; Overbought := RSI(5) > 85; Sell_Signal := Breakout AND VolSurge AND Overbought; Sell_Signal

: Dictates logic gates for conditional signal branching. Brand New Custom Indicator Formulas