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Binary Wave All Composite Wave for Metastock
maestro
over 9 years ago
Metastock

Rating:
5 / 5 (Votes 1)
Tags:
metastock, oscillator

This formula demonstrates how to combine multiple signals from various indicators into one signal as a composite wave.

Indicator / Formula

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( If(C > Mov(C,20,E), {bullish} +1, {bearish}-1) ) +
( If(MACD() > Mov(MACD(),9,E), {bullish} +1,{bearish} -1) ) +
( If(ROC(C,12,%) > 0, {bullish} +1, {bearish}-1) ) +
( If(Stoch(5,3) > 50, {bullish} +1, {bearish}-1) )

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