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<DIV><FONT color=#000000 size=2>I am trying to plot and back test, in the
MetaStock 6.5 System Tester, a "Down Trend Reversal Strategy."
<FONT color=#000000 size=2>I would like to find out how often the conditions
below occurred during the time period I have stored for any specific issue and
have the System Tester report on how much profit or loss would have resulted
using MetaStock's assumed $1000 investment.</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>Assume "at least" six days of
consecutive lower lows.</FONT></DIV>
<DIV><FONT color=#000000 size=2>Assume that on the seventh (or greater), day the
close is > than yesterdays close.</FONT></DIV>
<DIV><FONT color=#000000 size=2>Assume that on the following day both the open
and close are > than yesterdays close.</FONT></DIV>
<DIV><FONT color=#000000 size=2>Automatically plot a buy signal.</FONT></DIV>
<DIV><FONT color=#000000 size=2>After "X" days (lets assume 5),
automatically plot an exit signal.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>For an Up Trend Reversal Strategy, one would
reverse the conditions.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>I would appreciate any suggestions or opinions. Thank
you.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Hans</FONT></DIV>
<DIV> </DIV></BODY></HTML>
</x-html>From ???@??? Mon Jun 08 18:57:41 1998
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From: "Hans T. Hingst" <hhingst@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Trend Reversal
Date: Mon, 8 Jun 1998 12:33:03 -0700
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Hi all....I'll start with an apology if you get this twice. I believe I
addressed the first one to the "old" MetaStock list but I'm not sure of it's
completely defunct.
I'm looking for some formula assistance to achieve the following strategy:
I am trying to plot and back test, in the MetaStock 6.5 System Tester, a
"Down Trend Reversal Strategy." I would like to find out how often the
conditions below occurred during the total time period I have stored for any
stock issue. Then, have the System Tester report on how much profit or loss
would have resulted using MetaStock's assumed $1000 investment.
Assume "at least" six days of consecutive lower lows.
Assume that on the seventh (or greater), day the close is > than yesterdays
close.
Assume that on the following day both the open and close are > than
yesterdays close.
Automatically plot a buy signal.
After "X" days (lets assume 5), automatically plot an exit signal.
For an Up Trend Reversal Strategy, one would reverse the conditions.
I would appreciate any suggestions or opinions. Thank you.
Hans
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