Metastock Exploration Formula |
Price and Volume Breakout |
Shows stocks where the price increased 5% and the volume is 50% above a 50-day moving average. Rank results by % change in price, then check the volume. |
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Col C: |
ROC(CLOSE,1,percent) |
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Col E: |
Mov(VOLUME,50,EXPONENTIAL) |
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Col F: |
((VOLUME - Mov(VOLUME,50,EXPONENTIAL)) /Mov(VOLUME,50,EXPONENTIAL)) * 100 |
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Filter: |
When(colC >= 5) AND When(colD >= colE*1.5) |
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