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Unfortunately they don't support futures so it is of absolutely no value to
me.
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Sean W. Smith
Sent: Monday, August 03, 1998 9:18 PM
To: metastock@xxxxxxxxxxxxx
Cc: m.jonker@xxxxxxxxxx
Subject: RE: System Testing
BTW: Quotes Plus 2.0 DLL's API is absolutely free and included with every
package sold. They give you sample apps in Visual C++ and Visual Basic.
Access to over 18K securities at once. One large robust database (much
less wasted space due to fragmentation), more efficient space usage, Y2K
compliant, Funnymentals, and better speed for well less $$$ than others....
FYI.....
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
Sent: Monday, August 03, 1998 1:52 PM
To: metastock@xxxxxxxxxxxxx
Cc: m.jonker@xxxxxxxxxx
Subject: Re: System Testing
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
>
>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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