metastock, page-5

I'm assuming you're talking about the inbuilt "Equis - MACD Buy Signal" Exploration?

The part you're most interested in with this exploration is the FILTER but we'll look at each of the columns displayed too:

Equis - MACD Buy Signal
Column A: Close
CLOSE
Column B: MACD
MACD()
Column C: Previous
Ref(MACD(),-1)
Column D: Mov Average
Mov(MACD(),9,EXPONENTIAL)
Column E: Previous
Ref(Mov(MACD(),9,EXPONENTIAL),-1)
Column F: % Above
((MACD() - Mov(MACD(),9,EXPONENTIAL)) /
Mov(MACD(),9,EXPONENTIAL)) * 100
Filter:
Cross( MACD(), Mov(MACD(),9,EXPONENTIAL))

If we now translate each of them to the equivalent for a MACD Sell, here's what we get:

Column A: Close
CLOSE
Column B: MACD
MACD()
Column C: Previous
Ref(MACD(),-1)
Column D: Mov Average
Mov(MACD(),9,EXPONENTIAL)
Column E: Previous
Ref(Mov(MACD(),9,EXPONENTIAL),-1)
Column F: % Below
((Mov(MACD(),9,EXPONENTIAL - MACD() )) /
Mov(MACD(),9,EXPONENTIAL)) * 100
Filter:
Cross(Mov(MACD(),9,EXPONENTIAL), MACD())


As you can see on the filter, I've basically interchanged the parameters for CROSS.

I recommend you read
http://www.equis.com/Customer/Resources/Formulas/Primer.aspx

for a basic tutorial on how to program Metastock.

Best regards,
Richard Dale
Norgate Investor Services
ASX Data Vendor
www.premiumdata.net