Metastock Exploration Formula |
2 Day Hammer Exploration |
| Here is an exploration that pattern traders may find useful. It tends to pick up two patterns: a two day hammer, that is if you combined the open for day 1 and close for day 2, the resulting bar would be a hammer, and a pattern similar to a Ross Hook, as I understand a Ross Hook. |
| Filter: |
Ref((C-L)/(H-L),-1)<=.30 AND
((C-L)/(H-L)) >= .70 AND
Ref(ATR(1),-1) >ATR(10) AND
ATR(1) >= ATR(10) |
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Did you know ...
How can I apply a trading system or strategy to a MetaStock chart?
To apply a trading system or strategy to a MetaStock chart, go to the "System Tester" or "System Testing" feature, select the desired system, and choose "Apply" or "Overlay" to see the system signals on the chart.
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