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Hi Pierre
Thanks for your email ... your going to like this response that I received
from Equis Support.
Thanks for your help. Thanks also to George.
Best regards
Walter
====================
Your email was responded to by:
George
Equis Customer Support
http://www.equis.com
George's response is below the following line.
-----------------------------------------------------------------------
Use an inactivity stop to close the trade in 5 days. You do this as
follows:
Start MetaStock.
Display the chart you want to test.
Click Tools|System Tester.
Highlight the System Test you want to use and click the Edit button.
Click the Stops button.
Click the Inactivity tab.
Select Long or Shorts or both for Positions.
Type 5 into the Periods field.
Type a very large number into the Minimum Change field, maybe 100,000.
You want to use a number so large that the price of the stock could not
possibly move that much in 5 days. In this case you are telling the
test to close your trade if the security price does not move $100,000 in
5 days.
Click OK to save this change and run the test.
----- Original Message -----
From: "Pierre Tremblay" <pt2000@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, May 10, 2000 5:56 PM
Subject: Re: engulfingbear()
| Walter,
|
| If I understand well, you want to close your position after the same
number of
| days.
|
| To do that, you go to system tester to edit your system, then you choose
STOPS,
| INACTIVITY.
| You enter a big number like 1000 points and the number of days you want to
keep
| your position.
|
| I hope this helps
|
| Pierre Tremblay
|
|
| Walter Lake a écrit :
|
| > The suggestion to use
| >
| > Enter Short = engulfingbear()
| >
| > in System Tester works fine ... however
| >
| > Close Short = engulfingbear()+3
| >
| > doesn't work ... neither does the use of any form of "Ref(C,+3)" etc.
| > setting stops also doesn't appear to work.
| >
| > Everything that I've tried produces unequal length trades not a fixed
length
| > trade, i.e., 3 day, 5 day, and 10 day trades.
| >
| > The saving of the trades to file and then opening the file in Excel and
the
| > production of a distribution, histogram and descriptive stats is very
easy
| > and programmable in VBA
| >
| > So any suggestions on how to program the close of the long/short for the
| > "engulfingbear" event would be appreciated.
| >
| > Best regards
| >
| > Walter
| >
| > ----- Original Message -----
| > From: "Walter Lake" <wlake@xxxxxxxxx>
| > To: <metastock@xxxxxxxxxxxxx>
| > Sent: Wednesday, May 10, 2000 7:32 AM
| > Subject: Re: nasty, nasty
| >
| > | Hi Steve
| > |
| > | Oh yes .... I discovered that all of my System Tester code was for
| > indicator
| > | crosses etc and nothing for specific events, i.e., Inside Days, Doji,
etc.
| > |
| > | I found that I didn't have a clue on how to set up a system test for
| > | "events".
| > |
| > | How would I set up a standardized run that would capture all of the
| > | occurrences of the event and what happened over successive trading
days (1
| > | to 3, 1 to 5 and 1 to 10 days etc.).
| > |
|