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Binary Wave All Composite Wave for Metastock

maestro over 15 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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