Metastock Exploration Formula

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Metastock Indicator Formula

Zero Lag MACD

To be used with Zero Lag MACD Trigger Signal

Formula:

EMA1:= Mov(CLOSE,13,E);
EMA2:= Mov(EMA1,13,E);
Difference:= EMA1 - EMA2;
ZeroLagEMA13:= EMA1 + Difference;
EMA1:= Mov(CLOSE,21,E);
EMA2:= Mov(EMA1,21,E);
Difference:= EMA1 - EMA2;
ZeroLagEMA21:= EMA1 + Difference;
ZeroLagMACD:=ZeroLagEMA13 - ZeroLagEMA21;
ZeroLagMACD

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How can I analyze and compare the performance of different trading systems in MetaStock?

In MetaStock, you can analyze and compare the performance of different trading systems using the "System Tester" or "System Testing" feature. Run multiple systems on the same instrument and view the performance metrics and reports.