Metastock FAQ

bingk6 · 11 November 2006

MichaelD said:
Tech - an interesting solution to this annoying MetaStock limitation.

I worked around the same problem differently - I created a Favorites folder called "Entire Market". I then added the contents of all 26 directories under my base ASX data folder to this folder, one letter at a time. Now, I have a Favorites folder with the whole ASX market contained therein which is easy to load.

Michael,

Did you move the files or did you copy the files (ie duplicate still remained). I initially tried to copy the files with the downloader which was OK, but then when I loaded up the days data, the original files were updated but the copied files weren't

Tech,

Tried your suggestions, worked well, many thanks

MichaelD · 11 November 2006

bingk6 said:
Did you move the files or did you copy the files (ie duplicate still remained). I initially tried to copy the files with the downloader which was OK, but then when I loaded up the days data, the original files were updated but the copied files weren't

Neither. I went into each individual data directory, selected all securities, right mouse clicked and chose "Add To Favorites" and then highlighted the appropriate Favorites directory.

RichKid · 23 November 2006

Can anyone suggest the best FREE source for MS compatible data for:

1) ASX200 stocks (Daily to monthly)
2) FX (including hourly data)

Hoping you can recommend it from experience in terms of data accuracy (clean) and ease of use (ie no need for editing data, can load straight into MS).

I'm fiddling with MS and trying to find the best source for data. There are a few general threads and links on ASF on free data but I'm interested in those users who have consistently used a particular free source for MS.

btw, I tried the IPO australia site (ex float.com.au) but it's gone, see the last post in this thread: https://www.aussiestockforums.com/forums/showthread.php?t=2362&highlight=free+data

I am probably asking for too much here but thought I'd post in case someone can help.

Kauri · 23 November 2006

RK,
For Fx and a few other indicies you could try....
http://www.akmos.com/software/
Is free, data not too bad, the only thing is you need to revalidate your free demo account monthly but they send a timely email reminder.

Or their is the Metaquotes setup, mainly FX.
http://www.metaquotes.net/

I use Amibroker and have used both via Metastock Data and had no problems.
Cheers
Kauri

RichKid · 23 November 2006

Kauri said:
RK,
For Fx and a few other indicies you could try....
http://www.akmos.com/software/
Is free, data not too bad, the only thing is you need to revalidate your free demo account monthly but they send a timely email reminder.

Or their is the Metaquotes setup, mainly FX.
http://www.metaquotes.net/

I use Amibroker and have used both via Metastock Data and had no problems.
Cheers
Kauri

Thanks very much Kauri!! Will give it a go, here's another site with free membership, haven't checked it out properly yet but it has global indices and lots of others including customisable features: http://www.downloadquotes.com

Might separate this topic into another thread if there's enough info.

bingk6 · 23 November 2006

Hi all,

Looking for a bit of assistance using the ref function in metastock. Eg. Ref(C,-5) returns the closingprice 5 periods ago. What I want to do is to refer to the closing price n days, whereby n is a variable and not hardcoded.

Eg n:=5
ref(C,-n)

instead of ref(C,-5).

The manual states that the ref function will only take in a constant in the PERIODS field. Therefore is there some other way I can refer to past data using a variable???

Shane Baker · 23 November 2006

What determines your variable?

tech/a · 23 November 2006

N:=Input("Periods",1,500,10);
ref(C,-N);

Cut and paste this into indicator builder.

1 is the minimum value.
500 is the maximum value.
10 is the default value.

Change as you wish.

weird · 23 November 2006

Have a look at the forum dll by Patrick from

http://forum.equis.com/

in the files section.

"3) Variable Reference Function

This is the same as the MetaStock reference function except that it allows you to use a variable as periods. It references a previous element in a DATA ARRAY.
PERIODS references "n" periods ago.

The syntax:

ExtFml(“forum.VarREF", Data Array, Periods)

Example 1:

ExtFml(“forum.VarREF", Close, 10)
{This returns the close value 10 periods ago}

Example 2:

ExtFml(“forum.VarREF", Stoch(5,3), Mov(C,10,E))

{This returns the stochastic(5,3) value going back the integer result of the Moving average function. Here I want to point out that we are using integers only so if my moving average or any other variable I use returns a value similar to 10.2354 the dll will use 10, if my variable returns 17.987 it will return 17}

What does it do, Why is it useful?

This is for people who are looking for adaptive indicators. Most trading gurus will tell you that no system will work forever, because it is dependant of the current market trend. Adaptive indicators attempt to correct this problem by adjusting themselves based on some other variables.

The VarREF function in itself might not represent much but when creating your own adaptive indicator it might come in handy.

And mostly it calculates 100 times faster than the LastValue(Variable+Prev-Prev ) trick

IMPORTANT: I do not let the dll use forward reference, the dll will always convert your variable to look backwards. Why? Well it is my belief that reference in the future as useless and that people make huge mistakes when using these."

"This product includes software developed by MetaStock Forum Crew
(http://forum.equis.com)"

bingk6 · 24 November 2006

weird said:
Have a look at the forum dll by Patrick from

http://forum.equis.com/

in the files section.

Hi weird,

Many thanks for your help. I downloaded the forum.dll as it works a treat.

Tech, the standard ref function refused to accept the variable and I couldn't get what you suggested to work.

bingk6 · 26 December 2006

Hi all,

Just another question on Metastock.

For the results that I get from doing the systems testing, is there a way in which I can "export" the results out so that they can be analysed with a spreadsheet (eg excel ?). At the moment, the only stats I have are what Metastock provides.

TIA

Bingk6

rms20565 · 15 July 2007

Please help me to import formulas without invoking organizer in tools. I saw many of them are using self-extracting exe which uses formula organizer self-extractor that automatically imports experts and indicators into metastock. Please help me

nizar · 13 August 2007

Hi all,

How do you enter an entry trigger as an all time high close in the metastock explorer?

Thanks.

buggalug · 13 August 2007

nizar said:
Hi all,

How do you enter an entry trigger as an all time high close in the metastock explorer?

Thanks.

Have a look at HHV, BarsSince or just something like:

C > Ref(Highest(C), -1)

nizar · 13 August 2007

buggalug said:
Have a look at HHV, BarsSince or just something like:

C > Ref(Highest(C), -1)

Thanks buggalug.
I'll give that a go.
What does the "-1" mean?

buggalug · 13 August 2007

nizar said:
Thanks buggalug.
I'll give that a go.
What does the "-1" mean?

The REF(..,-1) means look back one bar, because you don't want to include the current bar.

Otherwise if your happy with it being the equal high ever you can just do:
C >= Highest(C)

nizar · 13 August 2007

buggalug said:
Have a look at HHV, BarsSince or just something like:

C > Ref(Highest(C), -1)

Damn its not working i get this message:

This is not a recognized name, constant or operator.

Can you type it exactly as its meant to appear.

Many thanks.

buggalug · 13 August 2007

nizar said:
Damn its not working i get this message:

Can you type it exactly as its meant to appear.

Many thanks.

Not quite sure, I copied and pasted it into my explorer and it worked fine:

nizar · 13 August 2007

buggalug said:
Not quite sure, I copied and pasted it into my explorer and it worked fine:

Oh so you put it under filter?
If that is the case then what do you put for EntryTrigger in column A ??

buggalug · 13 August 2007

nizar said:
Oh so you put it under filter?
If that is the case then what do you put for EntryTrigger in column A ??

Good question, I guess you have a newer version. I have v9 and it doesn't appear to have that

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