Improved & fully adjustable Dynamic Momentum Index *Created By Jose Silva at MetastockTools.com*

ATR volatility-adjusted, dynamic-period EMA with multiple output choice *Created By Jose Silva at MetastockTools.com*

Bollinger Band volatility-adjusted, dynamic-period EMA with multiple output choices

If you were only given today's open, high, low and close, how could you make heads or tails of it? The Price Action Indicator (PAIN) can help. The formula returns a single value that weighs intra-d...

This custom RSI will allow you to select which price data to use when you plot it. The standard RSI uses the close value as Welles Wilder did when he created the indicator. This custom indicator wi...

The following formula plots a percent rate of change between a specific date and today. The user is prompted for the specific date.This will only work in MetaStock™ for Windows 95/NT version 6.5 (o...

The following MetaStock formula is for a moving average of the Friday of every week, if you want it calculated on any other day you would substitute a 1 for Monday, 2 for Tuesday, 3 for Wednesday, ...

Linear Regression Trendline with Standard Deviation/Error Channels/Bands, date-adjustable. Like all trendlines, this uses hindsight and is dynamic. Do not use to generate trading signals. *Creat...

ATR bands, superior volatility bands - with ATR, Bollinger, multi-composite choices and parameters. *By Jose Silva*

counts bars since Nth event (last event, 2nd last, etc), with multiple output choices *By Jose Silva at MetastockTools.com*

Draws boxes based on high & low of selected period, and draws ellipses within them. *By Jose Silva at MetastockTools.com*

Normalized, lag-less, Sine-weighted Mov Avg & MA Oscillator v1.0

Coding example of 2-point, x/y line plot - useful for creating automatic chart trendlines *Created by: Jose Silva of MetastockTools.com*

i came accross this formula from the net no developer mention but any way thanks and credits belongs to you...

Here is a simple Metastock formula to generate a price band. Price closing above upper band is considered bullish and price closing below bottom band is considered bearish. Please give credit to...

ADX with stochastics signal

The Schaff Trend Cycle Indicator is the result of combining Slow Stochastics and the Moving Average Convergence/Divergence. The MACD is a trend indicator, yet it has lag due to its slow responsive ...

The Schaff Trend Cycle Indicator is the result of combining Slow Stochastics and the Moving Average Convergence/Divergence. The MACD is a trend indicator, yet it has lag due to its slow responsive ...

Rev. 03/20/97 The January 1994 issue of Stocks & Commodities featured an article by Hans Hannula on Polarized Fractal Efficiency. Here is the custom formula for creating the five-period smoothed 10...

From Terms To Technical Tools In Walter Downs' article "From Terms To Technical Tools" he introduces the Point of Balance Oscillator, two conditions to color bars and two system tests. All of these...

Plots daily pivot values on intraday charts

Detects the smallest traded price movement (pip) on a chart.

Improved Exponential Moving Average with crossover signals output choice. _Author: Jose Silva at metastocktools.com_

{Futures Magazine, Vol.29 No.6, June 2000, P.48} Overbought/oversold indicator described in the June 2000 Futures Magazine called the Psychological Index.

Get in on trend after retrace.

Saw a Amibroker Formula for Better Bollinger Band here. This is just the Metastock version. In an article in Futures Magazine, October 1998, Dennis McNicholl describesthe use of Bollinger Bands ...

Better signals and divergence than standard MACD

Moving average System you can use as a basis for your own trading system.

On-Balance True Range (OBTR) is my attempt to improve on the old On-Balance Volume study (OBV). In OBV you add today's volume to a running total of volume if the market closes higher than yesterday...

Trend following formula for Metastock.

Automatic Support and Resistance Copied from Technical Analysis of Stocks and Commodities Magazine. This is in regards to an article on page 51 of the May 1998 issue. In my article "Automatic s...

Alligator System Modifications from Murray Richards . . .

Following are the Bill William's Alligator indicators

Displays chart data bar statistics, with multiple output choice.

The balance of power (BOP) indicator, presented by Igor Livshin can be easily recreated in MetaStock 6.52 or higher. To create the BOP in MetaStock, select the "Indicator Builder" from the Tools me...

The Barnes' Acceleration measures rate of price change as opposed to price levels If the Barnes' Acceleration sustains the value of -1 for many days then the security may be ready to show strong...

Custom-smoothed ATR, with 8 choices for smoothing, incorporating automatic overBought/Sold levels. _By Jose Silva at metastocktools.com_

MetaStock's native ADX plots erratic ADX values as periods are increased. e.g., compare this formula (50pds) to MS's ADX(50). _By Jose Silva_

Automatically draws trend-lines on a chart. _By Jose Silva at metastocktools.com_

Incorporating auto overbought/sold levels, and Ergodic/Signal line crossover signals. _By Jose Silva at metastocktools.com_