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 :)