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Hello J.W.E.,
<BR>When I wrote my first email, I suspected I'd have to do that.
The problem is I'll have to write a formula which incorporates 3 different
stochastics with variables all at the same time. Since I am not fully
familiar with the System Tester, I think it will take at least a full day.
<P>Also, <B><FONT COLOR="#FF0000">Metastock has a poor implementation of
stops.</FONT></B> In actual trading, I would never allow more than
a 15% loss in one day. However, using end-of-day data, MetaStock
doesn't use intraday stops. So, any results I get will get will be
suspect. Big move days, such as that 500 drop we had on late Aug
31, would completely distort the Tester's results. Frankly, I don't
know how much value the Tester has. Is it really worth using; spending
weeks learning all the commands, formulas, and intricacies?
<B><FONT COLOR="#FF0000">I have mentioned this problem to Equis several
times, as far back as Aug/97, and nothing as been done. </FONT></B>
<P>Equis did mention that I could buy the Pro version, save the datafeed,
and then perform tests on the data I have accumulated. The problem
is, you can only perform very short-term tests on the data you have.
You cannot perform tests going back several years. All I want is
for Equis to fix this bug, and it <B><I>is</I></B> a bug. <B><FONT COLOR="#330000">I'd
even be willing to pay $50 for the fix, if that helps.</FONT></B>
If they included it in the trendlines package, I'd buy it. <IMG SRC="cid:part1.3630EA9D.F5B30AF9@xxxxxxxx"; HEIGHT=16 WIDTH=16 ALIGN=ABSBOTTOM>
<BR>
<BR>Daniel.
<P>
<BR>P.S.: Sorry about the HTML in this one. If your reader
can't handle HTML, please upgrade.
<P>
<P>J.W.E. Roberts wrote:
<BLOCKQUOTE TYPE=CITE>Hi Daniel,
<BR>Why don't you run a couple of system tests to find out which inputs
work best
<BR>with your core equities?
<BR>Happy Trading, JW
<P>Daniel Martinez wrote:
<P>> Hello MetaStock Users:
<BR>> I am currently using MetaStock v6.5 and want to view short, intermediate
<BR>> and long-term stochastic inner charts for my stock and index watch
list. I
<BR>> am using daily data. As you know, stochastics requires 3 input
numbers.
<BR>> %K, %K slowing and %D. Would someone please give me ideas for
what numbers
<BR>> I should use for each chart, short, intermediate and long-term?
I would
<BR>> prefer all formulas based on daily data. However, I realize
this may not
<BR>> be possible with the long-term chart.
<BR>>
<BR>> Thank you,
<BR>> Daniel Martinez
<BR>> Santa Ana, CA</BLOCKQUOTE>
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