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M,
Buy something else that better meets your needs. RTR software has a product
called Technifilter that has pretty good system testing capabilities. It is
priced about the same as Metastock, however, it's graphics are not as good
and the programming language is a little more difficult. Do a search on RTR
software and their web site will come up.
Dan
>From: "Michel Amelinckx" <Michel.Amelinckx@xxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: RE: MAJOR FLAW in SYSTEM TESTER
>Date: Sun, 1 Jul 2001 17:08:45 +0200
>
>Yes I believe for beginning investors or traders MS is a great product,
>also to do Technical analysis by hand MS is great (if you don't bother
>the crashes now an then by moving some object). But ones you want to do
>some real advanced system testing then you are left with one hand on
>your back.
>M.
>
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx] On Behalf Of Dan Harels
>Sent: zondag 1 juli 2001 08:02
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: MAJOR FLAW in SYSTEM TESTER
>
>
>Two things:
>
>1. Business is Business
>2. Money talks, BS walks
>
>As the 4th of July approaches, I want to highlight two points that have
>made
>the USA the only Superpower. The third and fourth points are the 2nd
>Amendment and capital punishment. I won't go into those here. I
>believe
>Metastock offers good value.
>
>Dan
>
>
> >From: "wavemechanic" <wd78@xxxxxxxxxxxx>
> >Reply-To: metastock@xxxxxxxxxxxxx
> >To: <metastock@xxxxxxxxxxxxx>
> >Subject: Re: MAJOR FLAW in SYSTEM TESTER
> >Date: Sat, 30 Jun 2001 08:21:13 -0400
> >
> >MessageWhat is really neat about the Equis approach to bugs is that
>they
> >fix the bug in the next version and then charge you to upgrade. A
> >perpetual motion machine.
> > ----- Original Message -----
> > From: Michel Amelinckx
> > To: metastock@xxxxxxxxxxxxx
> > Sent: Saturday, June 30, 2001 5:26 AM
> > Subject: RE: MAJOR FLAW in SYSTEM TESTER
> >
> >
> > At least one person who is not a fraet to tell the truth. In fact
> >Equis
> >is spending much more time in publishing their own so called
>Performance
> >Systems and their Data on demand than they are fixing the TONS of bug
>or
> >flaws.
> > M.
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> >[mailto:owner-metastock@xxxxxxxxxxxxx] On Behalf Of Lionel Issen
> > Sent: zaterdag 30 juni 2001 01:40
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: MAJOR FLAW in SYSTEM TESTER
> >
> >
> > There are several flaws in the system tester.This has been
> >discussed
> >here, but Equis wont/can't correct the problems.
> > Lionel Issen
> > lissen@xxxxxxxxxxxxxx
> > ----- Original Message -----
> > From: neo
> > To: metastock@xxxxxxxxxxxxx
> > Sent: Friday, June 29, 2001 1:14 PM
> > Subject: MAJOR FLAW in SYSTEM TESTER
> >
> >
> > I called MetaStock support today because I was curious about
> >some
> >odd results with the System Tester (ST). I then tested it myself to
>verify
> >it. THERE IS A MAJOR FLAW IN THE SYSTEM TESTER.
> >
> > If one places a close long and a close short position and both
> >the
> >close and the entry in the opposite direction are hit on that day, the
> >position will be closed but THE OPPOSITE POSITION WILL NOT BE ENTERED.
>It
> >is even worse if you choose to close on open the following day. The
> >opposite signal will not be allowed to trigger until the following day.
> >
> > To test this I used the following simple system:
> > Enter Long: Cross(Mov(C ,3 ,S ), Mov(C ,18 ,S ) )
> > Close Long: Cross(Mov(C ,18 ,S ), Mov(C ,3 ,S ) )
> > Enter Short: Cross(Mov(C ,18 ,S ), Mov(C ,3 ,S ) )
> > Close Short: Cross(Mov(C ,3 ,S ), Mov(C ,18 ,S ) )
> >
> > Because the Enter Long & Close Short as well as the Enter Short
> >&
> >Close Long are identical, one would expect to show at every point both
>a
> >closing of one position and an opening of the other. This does not
>happen!
> >
> > The same is true for Experts. If both a Close and an Enter are
> >triggered on the same day, only 1 symbol will be displayed. They are
> >displayed in order from top down.
> >
> > I suggest two actions. First, copy the message above and send it
>
> >to
> >MetaStock Feedback at:
> >
> > suggestions@xxxxxxxxx
> >
> > Second, until this is fixed, test only longs or shorts by
> >themselves
> >unless you are using a reversal system where you are not using Close.
> >
> > Below is information from the MetaStock Help file.
> >
> > neo
> > ________________________________
> >
> > This is the page in MetaStock help file:
> >
> > The System Editor Dialog
> >
> > The System Editor dialog lets you name the system test, store
> >notes
> >regarding the system, and define the four trading rules.
> > The trading rules use the formula syntax explained in the
>MetaStock
> >formula language section (see What is the MetaStock Formula Language?).
>
> >This syntax is very similar to the syntax used to enter formulas in
> >spreadsheets. Each trading rule may contain up to 1024 characters.
>If
> >you are unfamiliar with the MetaStock formula language, you should see
>
> >What is the MetaStock Formula Language?.
> >
> > Remember that a trading system can be in one of three different
> >states: long, short, or out.
> >
> > When out, simple interest is earned at the rate specified in the
> >System Testing Options dialog (see System Testing Options).
> > You use the four tabs to select which rule to display and edit.
> >
> > Enter Long. This rule specifies when the system should buy
> >long. A
> >long position can only be entered when the system is short or out.
>When in
> >a long position, this rule is ignored.
> >
> > Close Long. This rule specifies when the system should close a
> >long
> >position. When in a short or out position, this rule is ignored.
> >
> > Enter Short. This rule specifies when the system should sell
> >short.
> > A short position can only be entered when the system is long or out.
>
> >When in a short position, this rule is ignored.
> >
> > Close Short. This rule specifies when the system should cover
> >(i.e., close) a short position. When in a long or out position, this
>rule
> >is ignored.
>
>_________________________________________________________________
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>
>
>
_________________________________________________________________
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