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[Metastockusers] Re: Trade Equity User Guide Update



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Roy!

Are the .dll mentioned in the document available somewhere?

Best regards,
Eero

--- In Metastockusers@xxxx, "Roy Larsen" <rlarsen@xxxx> wrote:
> Hi All
> 
> An updated "TE Guide.zip" file has been placed in the files section 
of this
> site. "Trade Equity User Guide.doc" has up-to-date versions of 
currently
> supported indicators and explorations, some older formulas, and 
a 'Table of
> Contents' that makes the document much easier to navigate. I'd like 
to think
> that the release of MS version 8 would make 'Trade Equity' 
obsolete, but
> sadly I don't think that will be the case. The "Features" 
and "Limitations"
> sections of the user guide are included below for your interest.
> 
> Roy
> 
> Features
> 
> 
> 1.                    Drop-down indicators display equity curves 
without
> running the System Tester.
> 
> 2.                    Intra-day prices can be used for entry or 
exit as well
> as OHLC.
> 
> 3.                    Intra-day trades can be executed using EOD
> (end-of-day) data.
> 
> 4.                    Base indicators run on MS 6.52 or above, and 
enhanced
> indicators run on MS 7.01 or above.
> 
> 5.                    All 'Trade Equity' code and support is free.
> 
> 6.                    Code is unrestricted and can be adapted by 
anyone with
> MetaStock Formula Language competency.
> 
> 7.                    A 'Points Only Test' is an option with 'LE' 
and 'SE'
> (equal) versions.
> 
> 8.                    Position sizing by percentage is an option 
with 'LE'
> and 'SE' (equal) versions.
> 
> 9.                    Position sizing by 'Number-of-Shares' is an 
option
> with 'LE' and 'SE' (equal) versions.
> 
> 10.                 Externally generated entry-based exit stops can 
be used.
> See 'Trade Stop' for examples
> 
> 11.                 Faster execution of explorations with dll's and 
MS 7.01
> or above.
> 
> 12.                 Percent commission is possible with 'LE' 
and 'SE'
> (equal) versions. Some code substitution is necessary.
> 
> 13.                 Trades only occur when both entry and exit 
signals are
> valid.
> 
> 14.                 Trading system performance can be included in 
templates,
> smart charts and experts.
> 
> 
> 
> 
> 
> Limitations
> 
> 
> 1.                    Entry-based exit stops can't be generated 
internally.
> 'Trade Stop' or other external code is required.
> 
> 2.                    'Trade Equity' will not limit the number of
> concurrently open trades - all first entry signals are taken.
> 
> 3.                    All exploration reports must be transferred 
to a
> spreadsheet program for further analysis.
> 
> 4.                    There are no money management options 
available other
> than position sizing with equal versions.
> 
> 5.                    Optimisation can only be achieved by repeated
> explorations using manually adjusted values.
> 
> 6.                    There is a distinct learning curve associated 
with
> using 'Trade Equity', but it is worth the effort for the budget 
conscious
> serious system tester.


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