MetaStock Custom Indicator Using csv.BySym Plug-in Formula

Using the Plug-in

Create a Custom Indicator Using the "csv.BySym" Plug-in Formula

Using the "csv.BySym" (1 parameter) formula builder, this section takes you through the step by step process of creating a simple MetaStock Custom Indicator. This indicator will retrieve one statistic from the sample MasterDATA composite / breadth datafiles included with your MetaStockCSV installation. This statistic can then be used in any MetaStock function.

	Open MetaStock and click on ,MetaStock's Indicator Builder. The "Indicator Builder" dialog window opens.

	Click on the "New" button. The "Indicator Editor" dialog window opens. Leave this dialog window open.

	Below is a working copy of the MetaStockCSV Plug-in "csv.BySym Formula Builder" discussed previously. Using this formula builder, make a new formula that retrieves the composite statistic, "Total components advancing". In the section, "Select a statistic:", click on the drop down box and then click on the desired statistic. Then click on the button "Click Here To Make the Formula". Your new formula will appear in the subsequent "MetaStockCSV Plug-in Formula" section.

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		Click on the button "Click To Copy the Formula To Your Clipboard".

		Click in "Formula" field of the MetaStock "Indicator Editor" dialog window you previously opened in step two above. Paste your new formula in this "Formula" field by holding down the "CTRL" key and pressing the "v" key.

		Type a "name" for your new indicator, such as "Advancing Issues".

		Your finished custom indicator should appear as follows:



		This custom indicator will retrieve the specified composite / breadth statistic for any of the three sample indexes included with your MetaStockCSV Plug-in installation. The retrieved data will use the "base" symbol of the currently active MetaStock function. The data period of the values retrieved will be that of the "base" symbol.

		In the interest of keeping yourself organized, you might consider placing an identifying punctuation mark or letter at the beginning of your own custom indicators. This simple addition will keep all of you custom indicators grouped together.

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