Metastock Indicator Formula |
ADX with Stochastic Signals |
Metastock users can reproduce the trend bars and entry signals shown on the CWO chart using the Expert Advisor. Create a new expert and under Symbols add a new entry with the following condition :
Under Trends add the Bullish formula :
ADX(14) > 20 AND ( Mov(C,15,S) > Mov(C,30,S)) AND ( Mov(C,5,S) > Mov(C,30,S))
and the Bearish formula :
ADX(14) > 20 AND ( Mov(C,15,S) < Mov(C,30,S)) AND ( Mov(C,5,S) < Mov(C,30,S)) |
| Formula: |
ADX(14) > 20 AND ( Mov(C,15,S) > Mov(C,30,S)) AND ( Mov(C,5,S) > Mov(C,30,S)) AND Stoch(5,3) < 30 AND Ref(Stoch(5,3) ,-1) >=30
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