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----- Original Message -----
From: Roberto Lisboa
To:
Sent: Friday, March 24, 2000 03:42
Subject: Charting Software
> I am on the lookout for a charting software program
> that uses end-of-day summary prices -
> Open,High,Low,Close,Volume - which can accept trading
> signals and provide related results summaries, e.g.,
> profitability test on the following basis.
> A signal, for example, is a given percent of previous
> day's high. The program that we have ( Metastock )
> accepts the signals but reports the entries at either
> the opening price, high price, low price or closing
> price of the day. What I would like is a program that
> would be able to use the signal value as entry or exit
> price even when it is different from the
> open,high,low,close.
> For example : Day one Open:9500 High:11000 Low:9399
> Close:9600.
> Day two 9700 10000 9400 9500.
>
> The signal is 90 percent of previous day high
> therefore 11000 * .90 = 9900.
> Metastock will accept that value as signal trigger but
> for purposes of trading results one must accept
> results on the basis of an entry at either
> 9700,10000,9400 or 9500. What I seek is a program
> which would use the value 9900 as the entry price for
> all purposes.
> I currently use Excel, of course, to design my tests
> on the basis described above but would prefer a
> charting program specifically for technical analysis.
> I would be most grateful for any suggestions that you
> can make.
>
> Roberto
>
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