Metastock Formulas New Verified < Original >

If you are using the MetaStock Explorer to scan for setups, use this formula to find stocks that are "Gapping Up" with strength.

Bullish Divergence = If(Mov(C, 10, E) < Mov(C, 30, E) AND Mov(Mom(C, 10), 10, E) > Mov(Mom(C, 30), 30, E), 1, 0) Bearish Divergence = If(Mov(C, 10, E) > Mov(C, 30, E) AND Mov(Mom(C, 10), 10, E) < Mov(Mom(C, 30), 30, E), 1, 0) metastock formulas new

Look for divergence. If price makes a new low but SmartMoneyDelta makes a higher low, accumulate immediately. If you are using the MetaStock Explorer to

: Basic arithmetic calculations ( + , - , * , / ). : Basic arithmetic calculations ( + , - , * , / )

When volatility is high, the formula shortens the lookback period to react faster. When volatility is low, it lengthens the period to reduce noise.