Every formula returns a numeric array (a value for every bar of data).
MetaStock has long been a powerhouse in the world of technical analysis, largely due to its robust formula language. For traders who want to move beyond off-the-shelf indicators, learning "MetaStock formulas" is the key to developing a truly proprietary edge.
Before diving into complex code, it is essential to understand the building blocks of a formula. Every formula follows a specific logic structure.