Learning How to Write Code With the MetaStock Programming Language Can Stop Your Trading Losses by 200 Percent
November 30th, 2006MetaStock Professional uses a patented programming language that, to the untrained eye, seems more like a foreign language. Some users have even affectionately named it `MetaSpeak’. At first glance it may look intimidating, but MetaStock formula is quite logical in its processes. Consequently, anyone with a bit of persistence can learn to program custom indicators, explorations, system tests and experts.
MetaStock’s programming language breaks down into three simple components: parameters (e.g. open, high, low, close, etc.), mathematical operators (e.g. +, -, /, *) and functions (e.g. a moving average, the Stochastic Oscillator or the Relative Strength Index). When combined, they form the foundation of MetaStock’s programming language. Essentially this is what drives MetaStock’s four major tools: The Indicator Builder, The Explorer, The Expert Advisor and MetaStock TradeSim.
The programming language itself is actually patterned after popular spreadsheet languages. So for those of you who can already create a reasonable spreadsheet you’re half way there to understanding `MetaSpeak’. If you can’t, don’t worry, we will begin with the basics first. You’ll be a MetaStock Pro in no time at all.
Of course, MetaStock has many features, but perhaps the most powerful way for you to learn more about this guide is to read our Metastock Programming Study Guide Article by clicking here.Â
