Scanning and Filtering
The MetaStock Explorer allows traders to scan through thousands of securities using trading criteria to find the ones that fit their specific strategy. Explorations are written using the MetaStock Formula Language. Traders can base their explorations off of the pre-built criteria included with MetaStock or they can use their own criteria. For example, a pre-built scan is included that shows a report of securities that are trading above their 200-day moving average. Another shows securities that have triggered a buy signal based on the MACD indicator. Explorations can be linked so that the filtered results of one exploration can subsequently be filtered by another.
Read more about this topic: Meta Stock