I'm only up to page 53, but I skipped ahead to p219 to check out the formula.
I've had 30 years experience programing (mostly mainframes), and I think this is an add-on for Metastock that displays only the rows of data which satisfy all of ditions in each of the columns.
Col A is TRUE when VOLUME>= 500,000 Col B is a percentage of the Volume. I don't understand ROC, unless it's referring to ROC Oil. Col C is the Closing price for the day. Col D is the Closing price yesterday Col E is the Closing price 2 days ago.
The filter exposes rows with: a high volume (col A) and a percentage > 10 (col B) and todays close is higher than 2 days ago (C>D)and yesterday is higher than 2 days ago (D>E).
Without the original program, I can't tell you more.