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<DIV><FONT size=2>It is a cumbersome way, but using the "P" indicator, eg in the
"C/P" formula,<BR>will do this for you, eg :<BR><BR>At the time of Testing (or
Scanning):</FONT></DIV>
<DIV><FONT size=2><FONT color=#ff0000><STRONG>When in MetaStock,
prior/before you start the SystemTester (or Exploration)</STRONG></FONT><BR>1.
-You <STRONG>MUST </STRONG>have the "your index"-Chart <STRONG>open </STRONG>for
starters<BR>2. -<STRONG>AND </STRONG>the custom created Close-indicator
<STRONG>selected<BR></STRONG>3. -Then choose the folder (containing the
securities) that you want to test (or scan).</FONT></DIV><FONT size=2><BR>
<DIV><FONT size=2>These are the most important details to know, when using the
"P" indicator, eg when it is</FONT></DIV>
<DIV><FONT size=2>included in </FONT><FONT size=2>a formula
for testing or scanning.</FONT><FONT size=2></DIV></FONT>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Also from the MS65-Manual(p.285) note that the same "everyday"
formula-usage applies:</FONT></DIV>
<DIV><FONT size=2> "System trading rules use the same SYNTAX
as custom indicators.</FONT></DIV>
<DIV><FONT size=2> (for the MetaStock Formula
Language, see p. 201)."</FONT></FONT><FONT size=2></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>-See also my other mail this weekend,
subject:<BR> "Re: explorer"<BR> as the
instructions contained in it are roughly the same as for the
SysTest.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>-Further below is the Equis web-site faq on this
topic.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>-Read System Tester for </FONT><FONT size=2>the Explorer (or
visa versa).</FONT><FONT size=2> <BR><BR>Regards,<BR>Ton Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxx</A><BR>Dismiss the
".nospam" bit (including the dot) when
replying.<BR><BR>------------------------------#################--------------------------------<BR><BR>-----
Original Message ----- <BR>From: John Schott <<A
href="mailto:jschott@xxxxxxxxxxxx";>jschott@xxxxxxxxxxxx</A>><BR>To: <<A
href="mailto:metastock@xxxxxxxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxxxxxxx</A>><BR>Sent:
zondag 16 mei 1999 5:44<BR>Subject: Intersecurity testing with MSW 6.5 - Is it
possible - and how?<BR><BR><BR>System Testing based on "Secondary
Security: Is there a way to do this<BR>with MSW
6.5?<BR><BR>======================================================================<BR><BR>I'd
like to run MSW System Testing backtests on groups of securities<BR>I've
organized in MSW folders. <BR><BR>But, I'd like the buy and sell dates to
be initiated by common date<BR>triggers from a single synthetic seconday
"index", not from MSW TA tests<BR>on the individual daily data in stocks in
these security folders. <BR><BR>[For a visual display, I've imported (via
Downloader Conversion) the<BR>synthetic index as a common second security
included in the MSW Folders<BR>holding the other securities.. For example
by using there values ( 0 =<BR>Sell, +10 = Buy and Do Nothing as any other
value) I can created a<BR>testable set that could be used, if I could only test
on the second<BR>security. Naturally, I can display this second security
just find in<BR>MSW against charts of the individual securities.. But for
the testing I<BR>want to do, I could as easily use a simple list of dates, were
this<BR>possible.]<BR><BR>Since the security groups are imported into MSW from
from real data sets<BR>(Quotes Plus 2) and the synthetic security generated
essentially from an<BR>excel list, it would be desirable NOT to have to modify
this data. (For<BR>example, I could see how one might manually preprocess
the data to make<BR>the the open interest or volume to be the same as the
second security<BR>and write my System Test equiations based on tests of the O/I
of Vol. <BR>But this would require extensive and
undesirable<BR>security-at-a-time-preprocessing.)<BR><BR>NOTE: This is
very similar to what you could do with the WOW
Sec1/Sec2<BR>capability.<BR><BR><FONT size=2> </DIV>
<P><FONT size=5>Comparative Relative Strength in MetaStock™ for Windows </FONT>
<P><FONT size=1>rev. 01/06/97<BR></FONT>
<P>Comparative Relative Strength charts can be useful in deciding which security
to buy, by helping to pinpoint the best performer. They can also be useful in
developing spreads, i.e., purchase of the best performer "long", and selling the
weaker issues "short." Comparative Relative Strength can be applied in MetaStock
for Windows as follows:<BR><BR><B>Creation of a Template for Comparative
Relative Strength<BR></B>
<P>(For this illustration, we assume an equity/stock is compared to the S&P
500, both of which must first have been collected from your vendor. Both data
files should be in the same periodicity.) <BR>
<OL>
<LI>Load the S&P 500.
<LI>Load the equity, or whatever you wish to find the relative strength for.
<LI>Drag the S&P 500 plot into a new inner window of the equity. (You may
need to click Stack first.)
<LI>Close the S&P 500 chart.
<LI>Create a custom indicator: Div(close, p)
<LI>Drag the custom indicator into the inner window containing the S&P 500
plot, moving it over the plot until the plot changes to a pink or lavender
color, then release your mouse button. (This is called dragging and dropping
an indicator on an indicator. The new indicator will plot in the same window
as the S&P 500 plot.) You have two options here:
<UL>
<LI>You can change the color of the S&P 500 plot to be the same as the
chart background color, so that it is effectively invisible. (Double-click
the S&P 500 plot to get to its "properties", then choose the color you
need from the Colors list.)<BR>
<LI>You can give both plots different colors so you can tell which is
which.<BR></LI></UL>
<LI>Save this chart as a Template. (File|Save As, set "Save File As Type" to
Template, and give it a name, such as CMPRELST.MWT.) <BR></LI></OL>
<P>Any time you want to see Comparative Relative Strength of an equity against
the S&P 500, apply this template to the equity's chart. Note: if you should
move the data file against which you are comparing, such as the S&P 500,
this template will no longer work, and would have to be
recreated.<BR><BR><BR><B>To Run an Exploration Using Comparative Relative
Strength<BR></B>
<OL>
<LI>Load the S&P 500 (or whatever you want to compare against).
<LI>Create a custom indicator of the Close.
<LI>Drag and drop this indicator on the S&P 500 (or whatever...). (Note:
the S&P 500 plot must change to pink/lavender color before you drop it.)
The indicator will plot.
<LI>Select the indicator plot (by single-clicking with the left mouse button
on the line).
<LI>Do an Exploration with DIV(Close,p) in column A, and specify which
directory to explore.
<LI>The results are displayed in the Exploration report.<BR></LI></OL>
<P>(P is a special variable that points at the last indicator plotted or
selected.)<BR></FONT><BR></P></FONT></BODY></HTML>
</x-html>From ???@??? Sun May 16 08:10:43 1999
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Message-ID: <004201be9fc6$02871220$3b672599@xxxxxxxx>
From: "Jim Greening" <JimGinVA@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <199905161336.PAA02428@xxxxxxxxxxxxxxx>
Subject: Re: system tests
Date: Sun, 16 May 1999 11:00:03 -0700
Organization: Microsoft Corporation
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Onno,
I like your solution except why can't the EXIT condition be simpler
like:
EXIT LONG
ROC(Mov(C,12,E),1,%)<0 OR ROC(Mov(C,160E),1,%)<0
EXIT LONG
ROC(Mov(C,12,E),1,%)>0 OR ROC(Mov(C,60,E),1,%)>0
JimG
----- Original Message -----
From: Onno Goedknegt <goedkneg@xxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, May 16, 1999 6:36 AM
Subject: Re: system tests
> Walter,
>
> You can also use the "ROC" of a moving average.
>
> ENTER LONG:
> ROC(Mov(C,12,E),1,%)>0 AND ROC(Mov(C,60,E),1,%)>0
>
> EXIT LONG:
> (ROC(Mov(C,12,E),1,%)<0 AND ROC(Mov(C,60,E),1,%)>0)
> OR
> (ROC(Mov(C,12,E),1,%)>0 AND ROC(Mov(C,60,E),1,%)<0)
>
> SHORT:
> ROC(Mov(C,12,E),1,%)<0 AND ROC(Mov(C,60,E),1,%)<0
>
> EXIT SHORT:
> (ROC(Mov(C,12,E),1,%)<0 AND ROC(Mov(C,60,E),1,%)>0)
> OR
> (ROC(Mov(C,12,E),1,%)>0 AND ROC(Mov(C,60,E),1,%)<0)
>
> Ref(c,-1) gives yesterday's close today.
> So all values are shifted to the right!
>
> Good luck!
>
> Regards,
> Onno
>
>
>
> At 08:24 16-5-99 -0400, you wrote:
> >Does anyone have a system test for the general formula?
> >
> >Long: when 2 moving averages are moving up
> >
> >Short: when two moving averages are moving down
> >
> >Out of market: when they are moving in different directions
> >
> >=======
> >
> >I found out that "Mov(Ref(C,-1),12,E)" produces a line on the chart the
> >right of "Mov(C,12,E)"!! Why isn't it to the left of it?
> >
> >I had planned to use "Mov(C,12,E) > Mov(Ref(C,-1),12,E) AND Mov(C,60,E) >
> >Mov(Ref(C,-1),60,E)" as the Long part of the general formula.
> >
> >Now I'm confused about the logic of the formulas.
> >
> >Any help would be appreciated.
> >
> >Best regards
> >
> >Walter
> >
> >
> >
> >
> >
>
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