Best Metastock Trading System – FREE Metastock Formula

Every trader searches for the best Metastock trading system. In the beginning, one thing should be clear that even the most effective trading tools may fail if traders are dealing with greed and fear during a trade. Therefore, to be a Metastock expert, one needs to be patient. Today, we will discuss Metastock formulas and strategy in a simple way.

How to design one of the best Metastock Trading System?

Traders who are acquainted with Metastock Trading software, know about the special feature of Metastock that one can create buy-sell code according to personal analytical view. Anyone can get an access to its customizable option.… Read the rest

Metastock Tutorial: Turtle Trading System Metastock Indicator

Turtle trading is a most famous trading system; I wrote a series of articles to provide the elemental principles of turtle trading system. In this article, I will provide you with just a few examples on the best way to practice the turtle methods in your trading through utilizing MetaStock.

One of the most as a rule used tools for MetaStock is The Explorer, with this tool traders can clear out securities that don’t healthy any given standards. The factors can be defined through writing MetaStock system as the next example.

According to the turtle buying and selling process, the shorter term entry process centered on a 20-days breakout.… Read the rest

How To Write Your Own Simple Metastock Stop Loss Formula

The primary objective of any kinds of investment is to make maximum profit with minimum risk. Stock Market is such a volatile field for investment. In this market, traders first purpose should be protecting the principle then try for profit. In order to protect the principle or minimize the loss, there is a tool which refers to Stop-Loss. The name itself implies its meaning, by using the tool, traders can hedge the risk. You may check our previous article on Stop-Loss. This article will cover a brief description of SL along with Metastock Stop Loss Formula.

Definition and Types of SL Orders

Stop-Loss in other words terms as “Stop-Order”, by placing the order investors provide instructions to automatically buy or sell securities if it drops or arises at a certain price.… Read the rest