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Base Channel System for 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
Copy & Paste Friendly
{Enter Long}
Cross(H,Ref(HHV(H,20)+Fml("BaseC"),-1))
{Enter short}
Cross(Ref(LLV(L,20)-Fml("BaseC"),-1),L)Copy & Paste Friendly
{Formula1}
Ref(HHV(H,20) + Fml("BaseC"),-1);
{Formula2}
Ref(LLV(L,20) - Fml("BaseC"),-1)Copy & Paste Friendly
If(Cum(1)<=31,1,(((Stdev(C,30)-Ref(Stdev(C,30),-1))/Stdev(C,30))+1)*PREV)
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