Metastock Formulas New Free

Dynamically adjusting stop-losses based on ATR (Average True Range).

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If you are using the MetaStock Explorer to scan for setups, use this formula to find stocks that are "Gapping Up" with strength. metastock formulas new

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The new formula manager allows for better categorization, making it easier to manage hundreds of custom scripts. 5. Tips for 2026 Formula Optimization Dynamically adjusting stop-losses based on ATR (Average True

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);

Name: Institutional Liquidity Flow Index Range := Max(H - L, 0.0001); ClosePos := ((Cl - L) - (H - Cl)) / Range; VolumeWeight := ClosePos * Volume; NetFlow := Mov(VolumeWeight, 21, E); SignalLine := Mov(NetFlow, 8, W); NetFlow - SignalLine; Use code with caution. Breakdown of the Logic This public link is valid for 7 days

Volatility Adjusted Trend Periods:=Input("MA Periods", 1, 200, 20); ATRPeriod:=Input("ATR Periods", 1, 100, 14); Multiplier:=Input("ATR Multiplier", 0.1, 10, 2); Var1:=Mov(C, Periods, E); Var2:=ATR(ATRPeriod); UpperBand:=Var1 + (Var2 * Multiplier); LowerBand:=Var1 - (Var2 * Multiplier); If(C > UpperBand, LowerBand, If(C < LowerBand, UpperBand, PREV)) Use code with caution. 2. Relative Volume Spike Alert

: Version 19 and 20 introduced a filtered, alphabetical search within the Indicator Builder