Metastock Formulas New New! Jun 2026
Using linear regression helps in 2026 markets to visualize price channels and overextended levels.
This formula calculates the upper and lower bands around a 20-period moving average using a standard deviation of 2.
: Captures the moment a price breaks its recent range and stays "active" as long as it remains above a trailing 3-period ATR floor. metastock formulas new
This formula calculates the number of standard deviations that the current price is away from the 20-period moving average.
Plot as a custom indicator or use in the Explorer to find breakout stocks with high volume confirmation. B. Dynamic Volatility Bollinger Bands Using linear regression helps in 2026 markets to
This scan finds stocks that opened at least 1% higher than yesterday's close with volume at least 50% higher than the 20-day average—a classic sign of institutional buying.
: You can build your own visual tools via the Indicator Builder . This formula calculates the number of standard deviations
For community-driven innovation, sites like offer collections of breakout formulas, explorations, and oscillators, while the official MetaStock Forum hosts a "Formula Assistance" section where users share code for Explorations and Experts.
These new metastock formulas can be used in a variety of ways:
The MetaStock language is patterned after functional spreadsheet logic, evaluating criteria sequentially on every price bar from left to right. Before programming complex multi-indicator systems, you must master the fundamental functions: