Over the years, we have developed countless indicators/tools on metastock platform to test various markets - equities, commodities, indices future and forex. Those indicators/tools shared on our blog only represented a small part of S-Trader database tools. There are many more to it. Due to its proprietary and confidentiality, we keep it for our personal use only.
Metastock not only provides a platform for development but also comes with many powerful tools and features that allow traders/investors to "seize" to their advantage. Unfortunately, they failed to do so.
Are you one of them ?
The last 10 years, we have seen many trading systems been promoted and marketed in Malaysia. You will be surprised that some of these trading systems were initially developed and tested on Metastock before it migrated to other platforms.
Metastock may not be the most powerful platform but its capability not to be undermined.
For those traders/investors who are still struggling to create/develop a trading system on metastock platform, feel free to Contact Us for more details on our workshop.
(Some S-Trader indicators/tools will be given away free of charge for those who participate the workshop).
Showing posts with label S-Trader. Show all posts
Showing posts with label S-Trader. Show all posts
Wednesday, 5 December 2018
Friday, 8 September 2017
M3 Technologies (Asia) Bhd (KLSE : 0017) - Testing Resistance Zone !
A run-through on our scanning tool (price breakout) showed this stock testing the resistance zone with relatively high volume.
Will it breaks the resistance zone and rally ?
Related post, M3 Technologies (Asia) Bhd (KLSE : 0017)
Daily chart.
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
Will it breaks the resistance zone and rally ?
Related post, M3 Technologies (Asia) Bhd (KLSE : 0017)
Daily chart.
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
Monday, 4 July 2016
What's Next : S-Trader Trading System
To date, I have briefly introduced some of my personal custom indicators as noted below. All this indicators have been developed using Metastock Formula Language.
1) S-Trader Pivot Support and Resistance
2) S-Trader Volumetric
3) S-Trader Smart Money Index
4) S-Trader Multi Month High Low
5) S-Trader Multi Year High Low
Going forward, I will be using this indicators to analyse stocks from various markets such as US, Hong Kong, Singapore and others. If there is any appropriate indicators to further enhance our analysis available within metastock software will be used together with S-Trader Trading System.
Also, more details on the use of this indicators will be shared in the analysis.
Stay Tuned.
1) S-Trader Pivot Support and Resistance
2) S-Trader Volumetric
3) S-Trader Smart Money Index
4) S-Trader Multi Month High Low
5) S-Trader Multi Year High Low
Going forward, I will be using this indicators to analyse stocks from various markets such as US, Hong Kong, Singapore and others. If there is any appropriate indicators to further enhance our analysis available within metastock software will be used together with S-Trader Trading System.
Also, more details on the use of this indicators will be shared in the analysis.
Stay Tuned.
Friday, 1 July 2016
S-Trader Smart Money Index : Introduction
When traders/investors place their money on stocks/indices/commodities, their main concern is whether they are on the right side of the market.
If we are able to address the following questions, it will be a great advantageous to the retail traders/investors where they could ride along with the smart money's wave.
1) Who are the smart money ?
2) When are they investing ?
3) Where are they investing ?
With that in mind, I have developed a custom indicator called "S-Trader Smart Money Index".
An example chart :
Chart Source :
1) Metastock
If we are able to address the following questions, it will be a great advantageous to the retail traders/investors where they could ride along with the smart money's wave.
1) Who are the smart money ?
2) When are they investing ?
3) Where are they investing ?
With that in mind, I have developed a custom indicator called "S-Trader Smart Money Index".
An example chart :
Chart Source :
1) Metastock
Monday, 27 June 2016
S-Trader Multi-Year/Month High Low : Brief Explanation
In the previous posting, I have introduced 2 new custom indicators to complement the 52-week High Low.
I will provide some brief notes on these new custom indicators on values representation.
An example chart of Barrick Gold Corp (NYSE : ABX) with S-Trader Multi Month High Low.
The table below illustrates the Multi Month values representation.
Here is another example chart of Shanghai Composite with S-Trader Multi Year High Low.
The Multi Year values representation as shown in the table below.
Chart Source :
1) Metastock
I will provide some brief notes on these new custom indicators on values representation.
An example chart of Barrick Gold Corp (NYSE : ABX) with S-Trader Multi Month High Low.
The table below illustrates the Multi Month values representation.
Here is another example chart of Shanghai Composite with S-Trader Multi Year High Low.
The Multi Year values representation as shown in the table below.
Chart Source :
1) Metastock
Wednesday, 22 June 2016
52-Week High/Low - Alternative Time Period
In the previous posting, I discovered a huge opportunities missed when one uses the 52-week High/Low strategy especially the market rebounds from its low or reverses from its high prior to hit 52-week High or Low.
I decided to seek an alternative time period to complement the existing strategy.
It's mind boggling when I started this task.
If the extension is too short it will limits the usefulness of it. But if the extension is too wide it will creates more confusion to the traders/investors.
Then I came across a website with some useful information.
Attached below is the snapshot from the website with highlights on the section consists of the info.
(Website source : www.barchart.com)
Under "Percent Advances/Declines", there are set of different time periods. A good references.
With that info, I have created 2 new custom indicators called "S-Trader Multi Month High Low". and "S-Trader Multi Year High Low" to complement "S-Trader 52-week High Low".
The Multi Year will consists of 1-month, 3-month, 6-month, 9-month and 12-month.
As for the Multi Year, it includes the following period: 3-year, 5-year, 7-year and 9-year.
I decided to seek an alternative time period to complement the existing strategy.
It's mind boggling when I started this task.
If the extension is too short it will limits the usefulness of it. But if the extension is too wide it will creates more confusion to the traders/investors.
Then I came across a website with some useful information.
Attached below is the snapshot from the website with highlights on the section consists of the info.
(Website source : www.barchart.com)
Under "Percent Advances/Declines", there are set of different time periods. A good references.
With that info, I have created 2 new custom indicators called "S-Trader Multi Month High Low". and "S-Trader Multi Year High Low" to complement "S-Trader 52-week High Low".
The Multi Year will consists of 1-month, 3-month, 6-month, 9-month and 12-month.
As for the Multi Year, it includes the following period: 3-year, 5-year, 7-year and 9-year.
Sunday, 29 May 2016
52-Week High/Low Case Study : Hang Seng Index (HSI)
During 2008/09 US Subprime Crisis, Hang Seng Index (HSI) touched its 1st 52-week Low of 19,220.28 points on 11 Sep 2008. Thereafter, the market continued its downward and touched a new Low of 16,283.72 points on 18 Sep 2008.
That worked out a huge sum to gain for a short position, with a return of 2,936.56 points.
HSI rebounded to a high of 19,869.02 on 22 Sep 2008 which broke 11 Sep 2008 high of 19,854.82 before it reversed and continued its downtrend - New Lowest of 10,676.29 on 27 Oct 2008 was recorded.
Below is the chart on HSI with 52-week High.
Source :
1) Metastock
That worked out a huge sum to gain for a short position, with a return of 2,936.56 points.
HSI rebounded to a high of 19,869.02 on 22 Sep 2008 which broke 11 Sep 2008 high of 19,854.82 before it reversed and continued its downtrend - New Lowest of 10,676.29 on 27 Oct 2008 was recorded.
Below is the chart on HSI with 52-week High.
Source :
1) Metastock
Wednesday, 25 May 2016
52-Week High Low Case Study : S&P500
We shall take a quick look at S&P500.
52-week High
A new High of 1,150.45 was recorded on 19 Jan 2010 after it achieved its 1st 52-week High on 11 Nov 2009.
That worked out with a gain of +45.08 points (+4.08%).
52-week Low
In this situation, we are not getting a new Low after it touched 1st 52-week Low. Instead, the market rebounded and made a gain of +121.73 (+9.6%).
A similar outcome with DJIA in our last two case studies.
Let us move on to the next market, Asia.
To see how the Asian market price reacts toward this strategy.
Source :
1) Metastock
Sunday, 22 May 2016
52-Week High Low Case Study : DJIA Part 2
In the last post, we looked at 52-week High on Dow Jones Industrial Average (DJIA) during US Subprime Mortgage Crisis 2008/09.
In 2nd part of DJIA, we shall look at 52-week Low.
DJIA recorded its 1st 52-week Low of 11,634.82 points on 22 Jan 2008. Instead of continuing downtrend, it rebounded to a high of 12,767.74 on 1 Feb 2008.
A gain of +1,132.92 points (+9.74%).
This price action aligned with the alternative strategy which was stated during our introduction of 52-week High Low, as follow:
"Alternatively, another strategy is to sell when price reaches its 52-week high on the assumption that price will recede, or to buy when price reaches its 52-week low in anticipation of a value play."
Take note that the market lost -2,563.28 points (about -18% ) from its high of 14,198.10 points on 11 Oct 2007 to its 1st 52-week Low on 22 Jan 2008.
If we continue forward, we will make an interesting discovery that the 1st 52-week Low was not the lowest point DJIA hit during the crisis. DJIA touched its lowest point of 6,469.95 points on 6 Mar 2009.
In the coming posts, we shall look at S&P500 and some Asia markets indices before we conclude 52-week High/Low strategy.
Source :
1) Metastock
2) www.investopedia.com
In 2nd part of DJIA, we shall look at 52-week Low.
DJIA recorded its 1st 52-week Low of 11,634.82 points on 22 Jan 2008. Instead of continuing downtrend, it rebounded to a high of 12,767.74 on 1 Feb 2008.
A gain of +1,132.92 points (+9.74%).
This price action aligned with the alternative strategy which was stated during our introduction of 52-week High Low, as follow:
"Alternatively, another strategy is to sell when price reaches its 52-week high on the assumption that price will recede, or to buy when price reaches its 52-week low in anticipation of a value play."
Take note that the market lost -2,563.28 points (about -18% ) from its high of 14,198.10 points on 11 Oct 2007 to its 1st 52-week Low on 22 Jan 2008.
If we continue forward, we will make an interesting discovery that the 1st 52-week Low was not the lowest point DJIA hit during the crisis. DJIA touched its lowest point of 6,469.95 points on 6 Mar 2009.
In the coming posts, we shall look at S&P500 and some Asia markets indices before we conclude 52-week High/Low strategy.
Source :
1) Metastock
2) www.investopedia.com
Saturday, 7 May 2016
Introduction : 52-Week High Low
This piece of information can be easily found from our local newspaper under the stock section together with daily stock quotes.
To understand further, I did some research and found the following information from www.investopedia.com website.
"The highest and lowest prices that a stock has traded at during the previous year.
Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors may show increased interest as price nears either the high or the low.
A popular strategy used by stock traders is to buy when price exceeds its 52-week high, or to sell when price falls below its 52-week low.
The rationale behind this strategy is that if price breaks out from the 52-week range (either above or below) there will be enough momentum to continue the price move in a favorable direction.
Alternatively, another strategy is to sell when price reaches its 52-week high on the assumption that price will recede, or to buy when price reaches its 52-week low in anticipation of a value play.
Traders and investors typically conduct additional technical and/or fundamental analysis for confirmation. "
Quite an interesting strategy so I decided to test it out on my metastock software and name it as "S-Trader 52-week High Low".
To understand further, I did some research and found the following information from www.investopedia.com website.
"The highest and lowest prices that a stock has traded at during the previous year.
Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors may show increased interest as price nears either the high or the low.
A popular strategy used by stock traders is to buy when price exceeds its 52-week high, or to sell when price falls below its 52-week low.
The rationale behind this strategy is that if price breaks out from the 52-week range (either above or below) there will be enough momentum to continue the price move in a favorable direction.
Alternatively, another strategy is to sell when price reaches its 52-week high on the assumption that price will recede, or to buy when price reaches its 52-week low in anticipation of a value play.
Traders and investors typically conduct additional technical and/or fundamental analysis for confirmation. "
Quite an interesting strategy so I decided to test it out on my metastock software and name it as "S-Trader 52-week High Low".
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