What are meta-stock formulas?

MetaStock formulas are a proprietary scripting language used in the MetaStock software to create custom technical indicators, trading systems, and analysis tools for financial markets. These formulas allow traders to manipulate and analyze stock price data, enabling them to develop specific trading strategies based on various technical indicators. Users can create complex calculations and automate trading signals, enhancing their technical analysis capabilities. Overall, MetaStock formulas empower traders to tailor their analysis to their unique trading styles and preferences.