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Yes I know it is far too complex to test something that simple in MS. I
believe the excitement was for nothing. I really can't believe that it is
impossible to test something so simple as BUY @ High + (Avg(Range of X
days)*X) and trail your stop a properly with top software of it's class.
I found some add-in which is FREE called PROTraders ProUtil and I believe
all this is possible, you can even add moneymanagement strategies. And best
of all IT'S FREE. You need to learn little VBA coding, but I believe it's
simpler that coding it in MS.
It's a pity because I would like to do it in MS, so if anyone has an example
of something similar that Dave showed me but then with trailing stops and
enter through stop orders. I would be more than happy to get those.
Thank in advance
Mickey
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Dave Nadeau
> Sent: dinsdag 22 mei 2001 21:21
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: System Tester Equity Line
>
>
> Mickey,
>
> There are no functions in the code below that are specific to
> MS Pro. It should work fine in the
> EOD version.
>
> The STOP and LIMIT entries that you are talking about are
> much harder to code using the Formula
> Language. As a minimum, you'll have to figure out how to do
> it using the PREV function, which
> will make all of your subsequent explorations run very slowly.
>
> In the code below, each day's incremental gain from CLOSE to
> previous bars CLOSE, or OPEN to
> previous bar's OPEN, is accumulated using the CUM() function.
> In order to use STOPS or LIMITS,
> you'd need to be able to set and hold a variable as the
> program moves forward through the bars in
> a chart. Using the Formula Language, the PREV function is
> the only way. Stops would require the
> same sort of approach.
>
> Dave Nadeau
>
>
> --- Michel Amelinckx <Michel.Amelinckx@xxxxxxxxxx> wrote:
> > Wow, this is really great although I have my doughts if
> this will work in
> > the MS EOD version. This opens a whole new can of worms
> with tons of
> > possibilities if this works ok. One more thing, your entry
> is the CLOSE but
> > by doing it this way I believe you could use stop entry and
> exit orders, no
> > ? Something like buy at yesterday high + one tick, and
> how would I have to
> > code this ? I've been looking for testing capabilities
> like this for years.
> > Also is their a way to implement stops into this ?
> >
> > I thank you very much
> > Mickey
>
>
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