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HHP, is that the best way to code an exit if you want to specify holding an
open trade for a specific number of days? For example if you had a set of
conditions for entering long, and wanted to stay in the trade for 3 days
would the exit be -
EXIT LONG
ref(conditions of enter long,-3)
I tried working with barssince in the System Tester to exit from a position
after a specific number of days but this didn't work because if the
condition(s) was met AFTER entering the position the exit would be from the
most recent occurrence of the "enter long" condition thus keeping the trade
open for longer than specified.
regards Ian
>From: HHP <hhp@xxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: engulfingbear()
>Date: Wed, 10 May 2000 15:51:57 -0700
>
>Ref(Engulfingbear, -3)
>As of the current day, there was an EngulfingBear three days previous
>(so exit today).
>
>HHP
>==============
>
>Walter Lake wrote:
> >
> > Thank you and others for your help.
> >
> > It works fine ... although I don't understand the use of "-" which I use
>for
> > "yesterday(s)" vs "+" for tomorrow(s).
> >
> > Will post the path and instructions on how to get the XL results for
>those
> > that asked.
> >
> > Thanks again
> >
> > Walter
> >
> > ----- Original Message -----
> > From: "HHP" <hhp@xxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Wednesday, May 10, 2000 3:51 PM
> > Subject: Re: engulfingbear()
> >
> > | Have you tried:
> > | Ref(Engulfingbear(), -3)
> > | ?
> > |
> > | HHP
> > | ===================
> > |
> > | Walter Lake wrote:
> > | >
> > | > 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.).
> > | > |
> > | > | Obviously I would want to test both longs and shorts.
> > | > |
> > | > | Equity curve, profitability, is not important only the capturing
>of
> > the
> > | > | number of occurrences and immediate results.
> > | > |
> > | > | Any suggestions from anyone would be appreciated. VBA and XL
>coding
> > have
> > | > | diminished my MS code writing skills and warped my thinking <G>
> > | > |
> > | > | Best regards
> > | > |
> > | > | Walter
> > | > |
> > | > | ----- Original Message -----
> > | > | From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
> > | > | To: <metastock@xxxxxxxxxxxxx>
> > | > | Sent: Tuesday, May 09, 2000 9:31 PM
> > | > | Subject: Re: nasty, nasty
> > | > |
> > | > |
> > | > | | Walter,
> > | > | |
> > | > | | Are you sure you wanna go there?
> > | > | |
> > | > | | Steve Karnish
> > | > | | Cedar Creek Trading
> > | > | | http://www.cedarcreektrading.com
> > | > | | ----- Original Message -----
> > | > | | From: Walter Lake <wlake@xxxxxxxxx>
> > | > | | To: <metastock@xxxxxxxxxxxxx>
> > | > | | Sent: Tuesday, May 09, 2000 5:45 PM
> > | > | | Subject: nasty, nasty
> > | > | |
> > | > | |
> > | > | | > Hi Steve
> > | > | | >
> > | > | | > Thanks for the list of TA goodies.
> > | > | | >
> > | > | | > Do you ... or does anyone else have System Tester code written
>to
> > list
> > | > | the
> > | > | | > occurances of "nasty, nasty".
> > | > | | >
> > | > | | > I assume that you use engulfingbear() as your signal to enter
>and
> > then
> > | > | ...
> > | > | | > how many days would you set before exit? I assume that you
>could
> > use
> > | > the
> > | > | | > optimizer to set different days-in-trade.
> > | > | | >
> > | > | | > Once the trades are listed in the system tester, then they can
>be
> > | > "copy
> > | > | | and
> > | > | | > pasted" into Excel to plot the distribution and stats.
> > | > | | >
> > | > | | > It'll be interesting to get some data on this "bad boy".
> > | > | | >
> > | > | | > Best regards
> > | > | | >
> > | > | | > Walter
> > | > | | >
> > | > | | > ----- Original Message -----
> > | > | | > From: Steve Karnish
> > | > | | > To: metastock@xxxxxxxxxxxxx
> > | > | | > Sent: Tuesday, May 09, 2000 12:48 PM
> > | > | | > Subject: Re: (Market) A few trades I am looking at
> > | > | | >
> > | > | | >
> > | > | | > Jeff,
> > | > | | >
> > | > | | > Sugar is always a quirky market to trade...but, we whack at it
> > from
> > | > time
> > | > | | to
> > | > | | > time. Currently, we're waiting for a retracement to the 6.10
> > level.
> > | > We
> > | > | | > feel there is evidence gathering that will allow us to
>position
> > lower:
> > | > | | >
> > | > | | > 1. Monday's "bearish engulfing candle"...nasty, nasty
> > | > | | > 2. The curl on the 13 day moving average looks like Elvis
> > Presley's
> > | > lip
> > | > | | > 3. The major trendline is at ~6.10
> > | > | | > 4. The 144 day moving average is at ~6.10
> > |
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