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FYI.... Futures is on the list of things to do. We'll see when it gets
done....
Sean
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Guy Tann
> Sent: Tuesday, August 04, 1998 7:45 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: System Testing
>
>
> 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.
> >
> >
> >
> >
> >
> >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
> >
> >
> >
> >
> >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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