Metastock Formulas - New

Trend Rider = (Mov(C, 10, E) - Mov(C, 30, E)) / (Mov(C, 10, E) + Mov(C, 30, E))

This formula identifies bullish divergences when the short-term moving average is below the long-term moving average and the short-term momentum is above the long-term momentum. Similarly, it identifies bearish divergences when the short-term moving average is above the long-term moving average and the short-term momentum is below the long-term momentum. metastock formulas new

Momentum Scalper = (C - Ref(C, -1)) / Ref(C, -1) * 100 Trend Rider = (Mov(C, 10, E) - Mov(C,

Bullish Divergence = If(Mov(C, 10, E) < Mov(C, 30, E) AND Mov(Mom(C, 10), 10, E) > Mov(Mom(C, 30), 30, E), 1, 0) Bearish Divergence = If(Mov(C, 10, E) > Mov(C, 30, E) AND Mov(Mom(C, 10), 10, E) < Mov(Mom(C, 30), 30, E), 1, 0) Trend Rider = (Mov(C

Mean Reversion = (C - Mov(C, 20, E)) / StDev(C, 20)