Columns B-F are not essential for running the exploration, but they will help to calculate your exit price target. Use the SUM function: SUM (B1:B5) Press the Enter key to complete the formula. This indicator - unique to MetaStock - has those formulas built into it, allowing you to easily visualize probability. For example, to add up values in cells B1 through B5, you can either: Type the entire equation: B1+B2+B3+B4+B5. After the equal symbol, you enter either a calculation or function. Column A is the prebreakout price, column B is the highest point on the flag pole, column C is the pole base, column D is the % pole height, column E is the target % profit, and column F shows the target price. All Excel formulas begin with an equal sign (). Works in Your Market and Time Frame - The Chart Pattern Engine works on any market data, including stocks, futures, forex, indexes, and ETFs.Run the exploration on the desired securities and display the report. The filter formula is exactly the same used for the Enter Long Order of the System Test. For example, MetaStock, a prominent market analysis program, has the. MetaStock exploration for system to detect flag and pennant patterns Indicators are mathematical formulas that assist you in deciding which equities to trade. That seemed to take care of it as I did not get any more errors but here is the whole thing in case you see anything else wrong with it:
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