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RE: [EquisMetaStock Group] System Tester in Metastock



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<FONT face=Arial color=#0000ff 
size=2>Alex,
<FONT face=Arial color=#0000ff 
size=2> 
Not to 
pick on you in particular as this goes for anyone, but before you get all 
excited about an indicator, plot it and run the system tester, don't you think 
it would be a good idea if you understood what the indicator was attempting to 
do?
<FONT face=Arial color=#0000ff 
size=2> 
Did 
you take the time to read in the MS help files what the functions of 
TroughBars & 
PeakBarsdo and more importantly how they are 
computed?
<FONT face=Arial color=#0000ff 
size=2> 
MS 
isn't misleading.  You just have to do some due diligence on your 
part.
<FONT face=Arial color=#0000ff 
size=2> 
Good 
Trading,
<FONT face=Arial color=#0000ff 
size=2> 
Joe 
J.

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Alex Tan 
  [mailto:bt_alex_tty@xxxxxxxxx]Sent: Wednesday, November 13, 2002 
  6:38 AMTo: equismetastock@xxxxxxxxxxxxxxxSubject: 
  [EquisMetaStock Group] System Tester in MetastockHi 
  all,I am new to this group. I am currently testing someformulas I 
  got from this website:<A 
  href="http://www.eis.pl/kr/AFM/index.htm";>http://www.eis.pl/kr/AFM/index.htmThe 
  long and sell formulas are in this webpage:<A 
  href="http://www.eis.pl/kr/AFM/e-st-Marking_High_Low.html";>http://www.eis.pl/kr/AFM/e-st-Marking_High_Low.htmlI 
  find metastock to be misleading, in the sense theygive the arrow buy 
  signal on one day, but the arrowwas placed 1-2 days prior to the buy 
  signal in thechart. It does the same when the sell signal is given,it 
  places the sell arrow 1-2 days prior to the day thesignal was given. Hence 
  it gives you the impression ofa massive profit trading system, which in 
  reality, itis not.Is there a work-around to this 
  solution?Alex__________________________________________________Do 
  you Yahoo!?U2 on LAUNCH - Exclusive greatest hits videos<A 
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