Metastock Formula : Price and Volume Breakout

Price and Volume Breakout
Shows stocks where the price increased 5% and the volume is 50% above a 50-day moving average. Rank results by % change in price, then check the volume.
· CLOSE
· Ref(CLOSE,-1)
· ROC(CLOSE,1,percent)
· VOLUME
· Mov(VOLUME,50,EXPONENTIAL)
· ((VOLUME - Mov(VOLUME,50,EXPONENTIAL)) /Mov(VOLUME,50,EXPONENTIAL)) * 100
· **When(colC >= 5) AND When(colD >= colE*1.5)