Indicator
Buy when price touches the Lower Band in an established uptrend (dip buying). Sell when price touches the Upper Band in a downtrend.
--- Adaptive Volatility Moving Average --- Calculate Volatility via Standard Deviation Volatility := Stdev(C,10);
: Formulas here generate real-time chart alerts. You can now more easily program specific patterns, such as the "Shark-32" pattern, to trigger symbols like green "Buy" arrows directly on your price bars. Review Summary Custom Formula Work Request - MetaStock
This formula is "new" because it is alive. When the market trends (Efficiency is high), the MACD speeds up to catch the move. When the market chops (Efficiency is low), the MACD slows down to filter out the noise. You aren't trading a number; you are trading the market's .
Adaptive Trend Line Periods := Input("Base Periods", 5, 100, 20); Vidya := Mov(C, Periods, V); Trend := If(C > Vidya, 1, -1); Vidya; Plot this as an indicator Use code with caution. Copied to clipboard Implementation Tips for 2026 Free Metastock Formula Writing Tutorial - Lesson Four
(e.g., candlestick patterns or volume-based)