Metastock Formulas New [exclusive]
Cross(data1, data2) : Identifies when one data array crosses above another.
TrendOK := C > MA(C,20); MoneyOK := SmartMoneyDelta > Ref(SmartMoneyDelta, -1); TriggerOK := ZeroLagEMA > Ref(ZeroLagEMA, -1); metastock formulas new
: Unlike fixed levels, newer concepts use responsive zones based on standard deviations, such as Mov(RSI(9), 70, S) + (1.3185 * Stdev(RSI(9), 70)) . Power Tools for Implementation MetaStock Formula Language Overview | PDF - Scribd Cross(data1, data2) : Identifies when one data array
Money Flow Multiplier Positive if close is in top half of range, negative if bottom half MF_Mult := ((C-L) - (H-C)) / (H-L); MoneyOK := SmartMoneyDelta >
: Automatically plots green/red arrows for buy/sell entries and a blue trailing stop-loss line. 2. Enhanced Hammer Search (Custom Filter)
Trading in the direction of the higher-timeframe trend significantly increases win rates. This formula identifies when the daily momentum aligns with the weekly trend.