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[EquisMetaStock Group] Re: System Tester in Metastock



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Joe and Alex

A possibility for a slight misalighnment of Buy Sell 
flags could be buried in either the formula itself
or some preset conditions like 'wait a day or two'

Dave
=========================
> Alex,
>  
> 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?
>  
> Did you take the time to read in the MS help files what the 
functions of
> TroughBars & PeakBars
> do and more importantly how they are computed?
>  
> MS isn't misleading.  You just have to do some due diligence on your
> part.
>  
> Good Trading,
>  
> Joe J.
> 
> -----Original Message-----
> From: Alex Tan [mailto:bt_alex_tty@x...]
> Sent: Wednesday, November 13, 2002 6:38 AM
> To: equismetastock@xxxx
> Subject: [EquisMetaStock Group] System Tester in Metastock
> 
> 
> Hi all,
> 
> I am new to this group. I am currently testing some
> formulas I got from this website:
> http://www.eis.pl/kr/AFM/index.htm
> 
> The long and sell formulas are in this webpage:
> http://www.eis.pl/kr/AFM/e-st-Marking_High_Low.html
> 
> 
> I find metastock to be misleading, in the sense they
> give the arrow buy signal on one day, but the arrow
> was placed 1-2 days prior to the buy signal in the
> chart. It does the same when the sell signal is given,
> it places the sell arrow 1-2 days prior to the day the
> signal was given. Hence it gives you the impression of
> a massive profit trading system, which in reality, it
> is not.
> 
> Is there a work-around to this solution?
> 
> Alex
> 
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