V16:10 (491-493): Traders’ Tips
Product Description
METASTOCK
In MetaStock for Windows, you can use the Expert Advisor
to recreate the SHARK-32 signals on your charts as discussed
in Walter Downs’s article in this issue, “Combining statisti-cal
and pattern analysis.”
First, choose Expert Advisor from the Tools menu in
MetaStock 6.5. Next, choose New and enter the following
formulas:
Name: Click the Name tab and enter “Shark-32” in the name
field.
Trends: Click the Trends tab and enter the following formu-las
in the bullish and bearish fields.
Bullish: Mov(C,5,S)>Mov(C,20,S);
Bearish: Mov(C,5,S)
Highlights: Click the Highlights tab, choose New, and enter
“3rd Bar” in the name field. Now change the color in the color
field to Blue. Finally, enter the following formula in the
condition field, and then choose OK.
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