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Binary Wave All Composite Wave for Metastock
This formula demonstrates how to combine multiple signals from various indicators into one signal as a composite wave.
Indicator / Formula
( 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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