Metastock Formulas New Site

This filters 4,000 stocks down to the 10 that have a statistical edge for continuation, not reversal.

Don't just use momentum indicators. Combine them with volume ( V ) or trend ( MA , ADX ) filters.

Before we write new code, we must understand why traditional formulas fail in modern markets. metastock formulas new

Use Ref(X, -1) to look at previous bars, and Highest(H) to calculate breakouts 1.2.4.

Plot as a custom indicator or use in the Explorer to find breakout stocks with high volume confirmation. B. Dynamic Volatility Bollinger Bands This filters 4,000 stocks down to the 10

Volume adjusted SmartVol := Vol * MF_Mult;

Plotting UpperBand; CenterLine; LowerBand; Before we write new code, we must understand

Volatility Adjusted Trend Periods:=Input("MA Periods", 1, 200, 20); ATRPeriod:=Input("ATR Periods", 1, 100, 14); Multiplier:=Input("ATR Multiplier", 0.1, 10, 2); Var1:=Mov(C, Periods, E); Var2:=ATR(ATRPeriod); UpperBand:=Var1 + (Var2 * Multiplier); LowerBand:=Var1 - (Var2 * Multiplier); If(C > UpperBand, LowerBand, If(C < LowerBand, UpperBand, PREV)) Use code with caution. 2. Relative Volume Spike Alert

1. What's New in the MetaStock Formula Builder (2026 Update)