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Re: MAJOR FLAW in SYSTEM TESTER



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Dan,
You say that Technifilter's programming language is difficult.  I do not
think so. My assessment of it is that technifilter's maths and programming,
is elegant, concise and user friendly.

My view of metastocks's programming language is that it is clumsy,
convoluted, obscure, and difficult to get to do simple things like iterative
loops.

One test of this is to look up any bit of programming in TASC, and compare
the length, and the simplicity of the two programs when solutions to this
month's  feature are given by both company's programmers.

just my two cents worth, Simon

-----Original Message-----
From: Dan Harels <harelsdb@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: 02 July 2001 08:09
Subject: RE: MAJOR FLAW in SYSTEM TESTER


>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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