Dear Martin,

I'm assuming you are talking about the TASC issue of January 2005 page 24.

I believe the right code for MetaStock is :

LinRegSlope(C,35)/ref(C,-35)*100>-.35 and LinRegSlope(C,35)/ref(C,-35)*100<.4

LinRegSlope(C,70)/ref(C,-70)*100>-.4 and LinRegSlope(C,70)/ref(C,-70)*100<.4

Though this does not seem to be a system or an indicator but part of the main system which is coded on page 27.

I could post the system here if someone is interrested.

The name of the system is :

Penny Stock BreakOut System

{Buy Formula}

MACDH:=MACD()-MOV(MACD(),9,E);
SDC:=STDEV(C,30)/MOV(C,30,S);
PERIOD:=14;
COEF:=.1;
INTRA:=LOG(H)-LOG(L);
VINTRA:=STDEV(INTRA,PERIOD);
INTER:=LOG(TYPICAL())-LOG(REF(TYPICAL(),-1));
VINTER:=STDEV(INTER,PERIOD);
CUTOFF:=COEF*(VINTER+VINTRA)*C;
MF:=C-(H+L)/2+TYPICAL()-REF(TYPICAL(),-1);
FVE:=SUM(IF(MF>CUTOFF,+V,IF(MF<CUTOFF,-V,0)),PERIOD)/MOV(V,PERIOD,S)/PERIOD*100;
FVE>-1 AND LINREGSLOPE(C,35)/REF(C,-35)*100>-.35
AND LINREGSLOPE(C,35)/REF(C,-35)*100<.4
AND LINREGSLOPE(C,70)/REF(C,-70)*100>-.4
AND LINREGSLOPE(C,70)/REF(C,-70)*100<.4
AND LINREGSLOPE(C,170)/REF(C,-170)*100>-.2
AND MACDH>-.003
AND (SUM(SDC-LLV(SDC,150),3)/SUM(HHV(SDC,150)-LLV(SDC,150),3))*100<20
AND C>MOV(C,10,E) AND SDC*ADX(25)<1.3 AND STOCH(10,3)>30


{Exit Formula}

C<(1-18/100)*Ref(C,-1)

Sorry I had to edit it because of typo errors :)