: High ( H ), Low ( L ), Open ( O ), Close ( C ), Volume ( V ), Open Interest ( OI ).
MetaStock cannot easily mix 1-min and daily bars in one system. But you can using LastValue() + ValueWhen() :
Allows you to use custom DLLs for advanced mathematical calculations (e.g., machine learning integration).
Copy the code below into the Indicator Builder. metastock formulas new
: Standard "out-of-the-box" patterns don't account for volatility context, making this custom version more reliable for identifying bottoms. Oracle Traders 3. Price-Volume (PV) Rank Formula
MetaStock uses a functional language based on data arrays and mathematical operators.
For traders needing highly complex or proprietary strategies, the MetaStock Formula Team : High ( H ), Low ( L
Standard breakouts often fail in low-volatility "squeeze" environments. This formula combines the Average True Range (ATR) with a volume confirmation filter.
Define Fractal Pivot High: High is higher than 2 bars left and right PivotHigh := Ref(H,-2) > Ref(H,-1) AND Ref(H,-2) > H AND Ref(H,-2) > Ref(H,-3) AND Ref(H,-2) > Ref(H,-4);
Buy Signal with Latch Breakout := Cross(C, HHV(Ref(H,-1), 20)); StopLoss := HHV(C - 3 * ATR(5), 20); State := If(Breakout, 1, If(C < StopLoss, 0, PREV)); State Use code with caution. Copied to clipboard 2. "Physical AI" Sector Momentum (Exploration) Copy the code below into the Indicator Builder
This is not technical analysis; it is coded into a line of logic. Most traders ignore this because it requires two data feeds. That is exactly why it works.
Pre-defined tools like Mov() for moving averages or RSI() . 🛠️ Common Formula Templates
: Evaluates data at a highly specific historical milestone.