Well I am determined to do some charting/testing but as someone suggested Metastock has a steep learning curve.
I have visited many sites and downloaded 150 page formula builders which will take some time to digest.
I have had Metastock for 2 days now and its a good although (at this stage) complicated program.
What I would like is a formula which will give me ... LAST close must be BELOW the price 7 days ago...
Note that the price 7 days ago does not have to be a all time high
To get that (I think) I would open EXPLORER choose NEW type in a name after that there are 7 columns .. This would go under "Filter"
What would I enter there.
Any help appreciated