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Bang For The Buck for Metastock
maestro
about 7 years ago
Metastock

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0 / 5 (Votes 0)
Tags:
metastock

This indicator shows the possible dollar return (on a $10,000 account) for
a security on any given period. This is calculated by dividing a $10,000 account by the closing price. This number is then multiplied by the average range of the security for the last 200 periods. The interpretation is such that the higher the value, the higher the profit potential.

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Indicator / Formula

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((10000/C)* (Mov(ATR(1),200,S))/100)

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