Golden Ratio Auto support and resistance indicator for MetaStock

The golden ratio is also called the golden mean or golden section.

It has been used to analyze the proportions of natural objects as well as man-made systems such as financial markets.

The mathematics of the golden ratio and of the Fibonacci sequence is intimately interconnected. The Fibonacci sequence is:

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, ….

The golden ratio is the limit of the ratios of successive terms of the Fibonacci sequence (or any Fibonacci-like sequence).

This Golden Ratio indicator automatically plots 5 support levels and 5 resistance levels for intraday timeframe.
It shows a possible price range for current session, you can easily identify the major and minor support/resistance levels from the chart.

It is very easy to use with no complicated parameters waiting for you.

All you need to do is to load it to your chart.

This indicator is specially designed for intraday trading, so it only works on intraday chart type, such as 1 Minute, 5 mins or 1 hour.

The levels of support and resistance are formed at the beginning of a new session, and it will never repaint.

You can get this indicator for free if you use Promo Code:patternsmart3for1 when purchase MetaStock Subscription.
For more details please click here, Promo Code: patternsmart3for1

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Custom MetaStock Formula indicators, Expert Advisor, System Tester, Explorer

We guarantee the confidentiality of your specific and unique trading ideas/algorithm.
Estimates are based on detailed specifications. If the quote is more than $500, projects are partially payable in advance with remainder due prior to final delivery.

Our workflow will have the following steps:

  • We define and confirm a detailed specification based on your requirement.
  • We provide an estimate on cost and delivery time.
  • We will send a payment request if you agree to proceed.
  • We start working after the payment is clear.
  • We may need you to provide additional information, such as instruction, manuals, etc.
  • We deliver interim results during our work for any complex task.
  • We offer a 1-year bug fixing service for free.

You can request additional features with little extra costs as long as the work doesn’t involve any modification of the main algorithm.

Get a Free Quote here

Conversion from other platforms to MetaStock formulas MSFL

Need help converting custom scripts to MetaStock formulas MSFL ?
Converting indicator, screener, scan, study, strategy and algorigthm from another platform to MetaStock formulas MSFL.

If you want to convert your indicators from other platform to MetaStock formulas MSFL, but can’t find anyone to do it, we can be the last resort.
Not to worry if you see people claimed on forums that some indicators are impossible to be converted to MetaStock formulas MSFL, we have converted many scripts from different platforms to MetaStock formulas MSFL, so far there is not a single project we can’t finish.

Our conversion service includes but not limited to the following terms:

Convert Amibroker to MetaStock formulas MSFL
Convert eSignal to MetaStock formulas MSFL
Convert MT4, MT5 to MetaStock formulas MSFL
Convert Thinkorswim to MetaStock formulas MSFL
Convert NinjaTrader to MetaStock formulas MSFL
Convert TradeStation to MetaStock formulas MSFL
Convert Multicharts to MetaStock formulas MSFL
Convert from any trading platform to MetaStock formulas MSFL

 

 

Customers need to provide the source code of the file from the original platform, if you don’t have the source code please consider our customization service.
Please send the source file and details to: patternsmart@gmail.com

We will give you a quote based on the task.

The average processing time is about 1 to 2 days.

Get a Free 30-Day Trial of MetaStock Daily Charts or MetaStock Real Time.

Powerful tools, Powerful trades. 800-882-3040

Promo Code: patternsmartt

Proprietary scanning, endless customization, comprehensive back-testing, and revolutionary forecasting makes MetaStock the best choice for the self-directed trader.

With the MetaStock Explorer™ you can use YOUR criteria to scan a universe of securities to find the ones that fit YOUR strategy.

Here are some examples of possible scans:

  • Discover which securities have generated a buy or sell signal based on your custom criteria
  • Find the securities that have just crossed above their 200-day moving average
  • Generate a performance report of all your mutual funds
  • Discover the securities which ranked highest by Wilders RSI
  • Generate a list of securities that are above their 10-week moving average, with a stochastic of 80 or higher
  • The list of possible scans is almost endless. Not only does this save countless hours of sorting and sifting, but it allows you to do things you simply could not do otherwise.

The MetaStock Expert Advisor™ gives you the input of industry professionals when and where you need it.

Display the industries most popular systems and charting styles with the click of a mouse.
Need more info? Choose the commentary screen for specific information about the security you are charting. For example, you can learn: “What is a MACD and where should the buy and sell signals occur on the chart?” You can even create your own system using the easy-to-learn MetaStock formula language.

Expert Alerts
Alerts keep you in touch with current trading conditions. Use simple price and volume alerts or complex indicator triggers and multiple condition alerts.

Expert Commentary
This window shows you in great detail how your expert assesses the chart you are viewing. Is it a buy, sell, or hold situation? If so… Why? You get insight gained through years of research and real-world trading.

Expert Symbols and Trends
Buy and sell arrows, text, or any other symbols in the MetaStock palette automatically flag special conditions, according to your criteria.

With the exclusive MetaStock Enhanced System Tester™ you can create, back-test, compare, and perfect your strategies before you risk any money in the markets.

What is back testing?
By analyzing every trade that would have occured historically, you build confidence in future trades and answer the questions, “If I had traded this security using these trading rules, how much money would I have made or lost?”

Test multiple securities against multiple strategies
The Enhanced System Tester also shows you which securities work well with which systems. Unlike other systems that allow you to test only one strategy on one security, the MetaStock Enhanced System Tester allows you to test multiple securities against multiple strategies. Test one system with one security, many systems with one security, one system with many securities, or many systems with many securities.

Real-world variables mean realistic results
Designed to simulate a realistic trading scenario, the Enhanced System Tester allows you to change and edit variables such as entry, exit, expanded stops, order sizes, commissions and more. The reports generated by the Enhanced System Tester are comprehensive and presented in an easy-to-read, intuitive format.

The MetaStock FORECASTER uses patent-pending technology to provide a new and unique way to view probable price direction

Select any of 67 event recognizers to show price direction
Imagine if you had a tool that could paint a more probable, easy-to-read picture of the future? A picture based on patent-pending technology that uses any or all of 67 event recognizers. A picture that helps you more precisely set profit targets and stops. That’s what you get with the MetaStock Forecaster, the latest PowerTool available exclusively in MetaStock Daily Charts XIV and MetaStock Real Time XIV.
The FORECASTER plots a “probability cloud” based on your selection of any of 67 event recognizers. It uses advanced mathematics to examine the price action after these events to determine the probable performance of future events.

You can use the FORECASTER to:

  • Read a detailed analysis of an event’s past performance
  • Get a list of dates on which events had previously occurred
  • See the probable out come of current events
  • Discover which events a security reacts best to
  • And more

The FORECASTER offers new ways to analyze trading signals and provides insight to future performance.

When you get MetaStock XIV, you get a legendary array of customizable charts, indicators, line studies, templates, and more…

  • MetaStock Real Time XIV is powered by MetaStock XENITH – the most powerful and comprehensive real-time data and news package available to the private trader. MetaStock Daily Charts XIV is powered by DataLink end-of-day data
  • MetaStock has won the Stocks and Commodities Readers’ Choice Award 21 times
  • Over 250 built-in trading indicators and systems (and endless customization possibilities)
  • The PowerTools: including the Explorer, the Expert Advisor, the System Tester, and the FORECASTER | Watch the Videos
  • 42 Adaptive indicators which use dynamic parameters to provide more responsive and accurate results
  • 9 Core Chart Styles (including Bars, Line, Candlesticks, Point & Figure, Kagi, Renko, Three-line break Equivolume and Candlevolume) with an enormous array of line, color, chart, indicator, text, and alert customization possibilities
  • Easy-to-learn formula language lets you design your own system
  • The revolutionary Rahul Mohindar Oscillator (RMO) all-in-one trading system
  • Convenient templates that save you time and effort by applying the same set of indicators and studies to different securities
  • Built-in tool bars that let you easily refresh data, change periodicity, rescale the Y axis, zoom in & out, and choose a security to open
  • Name-Brand Systems such as Bollinger Bands, Darvas Box, SPYDER Carpe Diem, Conners RSI, and many many more.
  • FREE customer support and a library of online resources
  • 30-day money-back guarantee for all non-subscription products

Get a Free 30-Day Trial of MetaStock Daily Charts or MetaStock Real Time.

MetaStock Real Time Subscription with MetaStock XENITH
from $199 – $250/month
First month free*

  • A fully-functional version of MetaStock Real Time charting and analysis software that is designed for real-time market analysis
  • Powered by MetaStock XENITH – real-time news, data and analysis

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MetaStock Daily Charts Subscription with DataLink
$59/month
First month free*

  • A fully-functional version of MetaStock Daily Charts that is especially designed for end of day traders
  • Powered by DataLink Data provides World Markets, Commodity Prices, and Currencies once daily and is free for the first month.

Get a Free 30-Day Trial of MetaStock Daily Charts Now!

MetaStock Real Time Purchase with Reuters Real Time Data
$1395
from $99 – $300/mo
$1295
First month free!

  • A fully-functional version of MetaStock Real Time charting and analysis software that is designed for real-time market analysis
  • Powered by MetaStock XENITH – real-time news, data and analysis

Save $100! Purchase MetaStock Real Time Now!

MetaStock Daily Charts Purchase with Reuters End of Day Data
$499
$24.95/mo
$449
First month free!

  • A fully-functional version of MetaStock Daily Charts charting software that is especially designed for end of day traders
  • Powered by DataLink Data provides World Markets, Commodity Prices, and Currencies once daily and is free for the first month.

Save $50!  Purchase MetaStock Daily Charts Now!

800-882-3040

Promo Code: patternsmartt