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I went to the Equis (completely revised) site last night and I couldn't find
anything about it. Also their catalog only listed a few of their products.
Lionel
-----Original Message-----
From: m.jonker@xxxxxxxxxx <m.jonker@xxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Monday, August 03, 1998 3:46 AM
Subject: Re: System Testing
>Does anybody know what the status is on the Visual Basic interface to
>MS-files?
>Is it out yet?
>What are the costs?
>Maybe even experiences?
>Thanks, Mark.
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>lissen@xxxxxxxxxxxxxxxx on 01-08-98 19:54:13
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>Please respond to metastock@xxxxxxxxxxxxx
>
>To: metastock@xxxxxxxxxxxxx, metastock-list@xxxxxxxxxxxxx
>cc: TKruzel@xxxxxxxxxxxxxxxx (bcc: Mark Jonker/Everest)
>Subject: Re: System Testing
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>You might be able todo this using the new metstock program that has a
>Visual
>Basic interfacewith the ms files. Have you tried a spreadsheet?
>Lionel
>-----Original Message-----
>From: TKruzel <TKruzel@xxxxxxxxxxxxxxxx>
>To: Metastock-Users-List <metastock-list@xxxxxxxxxxxxx>
>Date: Saturday, August 01, 1998 12:27 AM
>Subject: System Testing
>
>>MetaStocker's,
>>
>>There is a type of trading scenario that I would like to test for
>>in MetaStock. So far I have been unsuccessful in trying to do it.
>>If any of you out there have succeeded testing the following
>>scenario (with MetaStock or any other product) I would appreciate
>>hearing from you.
>>
>>Imagine the following trade. At some price bar, a buy signal is
>>triggered and I enter the trade. The entry price is the CLOSE of that
>>bar. Now, I wish to exit the trade at the first instance that the stock
>>trades at CLOSE+1/2 (a half point of profit). To do this I must check
>>the HIGH of each subsequent bar. The CLOSING prices of the subsequent
>>bars may never achieve a value of CLOSE+1/2, but the HIGH of the very
>>next bar might very well achieve a value of CLOSE+1/2. As soon as the
>>HIGH exceeds CLOSE+1/2 I would exit the trade with 1/2 point profit.
>>
>>The System Tester bundled with MetaStock does not allow for the above
>>type of scenario. The System Tester requires using the same price on
>>each bar for both entries and exits (i.e. CLOSE/CLOSE, OPEN/OPEN, etc.).
>>So, if the FUTURE CLOSES never get above the value of ENTRY CLOSE+1/2
>>then MetaStock would end up counting the trade as a looser (assuming
>>that some STOP would take you out). However, the trade may have
>>actually been a winner because some future HIGH did exceed the value
>>of CLOSE+1/2.
>>
>>Because of this limitation in the MetaStock System Tester I have been
>>trying to program my own system tester using MetaStock's Expert Adviser
>>and the Indicator Builder programming language. However, due to the
>>archirecture of the MetaStock programming language it is impossible to
>>build a system tester for the case that the exit criteria is based
>>upon the entry criteria. (I have MetaStock support folks looking at
>>this, however, I am not optimistic.)
>>
>>Here is a sketch of the trade I described above.
>>
>> HIGH |
>> | <--- CLOSE + 1/2
>> |
>> _|_ |
>> CLOSE | | _|_
>> | | | |
>> | | |___|
>> |___| | _|_
>> | (2) | |
>> (1) | |
>> |___|
>> |
>> (3)
>>
>>a) A trade is entered at the CLOSE of bar (1). The exit target price
>> is CLOSE + 1/2
>>
>>b) The HIGH of bar (2) exceeds the value of CLOSE + 1/2. The trade
>> is exited and counted as profitable (profit of 1/2 point).
>>
>>c) The MetaStock System Tester looks only at the closing prices of
>> bars (2) and (3). The closing prices of bars (2) and (3) do not
>> exceed CLOSE + 1/2. If the close of bar (3) triggers a STOP the
>> trade is exited and accounted for as a loss.
>>
>>One would not think that doing this should be very difficult, but so
>>far I have found it to be impossible.
>>
>>Thanks,
>>Regards,
>>Tim Kruzel
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