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Thanks. I also got a similar response from Equis tech support - they
recommended changing the "portfolio bias" setting from "single"
to "multiple", and unchecking the "limit positions" box which limits
the number of positions open at a time (default is 1). Either or
both of these settings will block execution of one order if two
orders are released on the same bar, even if one is to close a prior
position and the other is to open a new position.
I had wondered about that, but was led astray by the fact that ALL of
the systems included with Metastock have those set to a default
of "portfolio bias" = single, and "limit positions" = 1. Based on
what Tech Support told me, that means that any crossover/reversal
system which is always in the market, in which any trigger will
release two orders to move from long to short OR short to long, will
not be profitable because those settings block a correct reversal
upon the crossover. I didn't think Equis would send out systems with
MetaStock which cannot work with the default settings, so I kept
looking for something else.
Thanks also for your note on posting to both forums.
Gary
--- In Metastockusers@xxxx, Pring <pring99@xxxx> wrote:
> I'm going from memory quickly here but check in the
> system's tester pages for a couple of boxes which say
> "system bias" "long" or "short". If you click on the
> help button, it will explain it. I suspect, again
> from memory (I have 8.0 loaded on another machine, not
> this one as I'm still testing it to make sure I'm
> comfortable with everything before going live with it
> during trading hours), that something in your code is
> triggering a condition in the opposite direction
> before the trade is executed.
>
> Pring
>
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