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Base Channel System for Metastock
mich3
over 14 years ago
Metastock

Rating:
5 / 5 (Votes 1)
Tags:
metastock, trading system

The following is Metastock’s attempt to program the basic channel enter the following formula “BaseC” into the indicator builder. It needs to have the name of base for your system test to work.

Indicator / Formula

Base Channel SystemBase Channel BaseC
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Enter the long and short rules into the metastock system builder.

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{Enter Long}
 
Cross(H,Ref(HHV(H,20)+Fml("BaseC"),-1))
 
 
{Enter short}
 
Cross(Ref(LLV(L,20)-Fml("BaseC"),-1),L)
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Indicator to plot the base channel.

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{Formula1}
Ref(HHV(H,20) + Fml("BaseC"),-1);
 
{Formula2}
Ref(LLV(L,20) - Fml("BaseC"),-1)
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Add formula as an indicator.

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If(Cum(1)<=31,1,(((Stdev(C,30)-Ref(Stdev(C,30),-1))/Stdev(C,30))+1)*PREV)

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