Metastock Exploration Formula - Resistance and Support *F

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Metastock Indicator Formula

Resistance and Support *F

Formula:

PrCnt:=Input("Percentage",0,100,10);
LookBack:= Input("Look Back Periods",1,1000,10);
Resistance:=ValueWhen(1,Cross(Mov(C,LookBack,S),C),HHV(H,LookBack));

Support:=ValueWhen(1,Cross(C,Mov(C,LookBack,S)),LLV(L,LookBack));
Resistance * ((100-prcnt)/100);
Support * ((prcnt/100)+1);

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How can I perform inter-market analysis in MetaStock?

In MetaStock, you can perform inter-market analysis by using the "The Explorer" or "System Tester" feature to compare multiple instruments or markets. Set up the desired criteria and conditions to identify relationships and correlations between different securities.