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1. If I wanted to put an alert in for options expiration day, 
dayofthemonth(21), for example in March? Any way to make that a 
reoccuring alert for the options days in the rest of the year?
2. Pages 289-292 of Metastock 10.0 manual has a listing of:
Trend Indicators
Volatility Indicators
Momentum Indicators
Cycle Indicators
Market Strength Indicators
Support and Resistance Indicators
It would seem a system builder would want to take one or two 
indicators from each section to make a system.
So for instance, I might use a Forecast Oscillator (Trend) with a ATR 
(volatility) and a Market Strength indicator with entry/exit points at 
the Support and Resistance levels. But you also need to strive for 
simplicity.
Anyone care to confirm or deny my direction?
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