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Thanks Roy for the reply.
I'm using ver 7.2. After the 3rd glass of Merlot, I figured out
formula #1. Which was simply selecting open or close under options
and entering enter long: dayofweek()=1 and close long, dayofweek()=4
of which pertains to the current week.
What I am trying to figure out for formula #2 was how can I have it
look back to last week. For ex:
If the close on Monday,or what day I choose, is higher than the
highest high of all of last week then enter long. Using
dayofweek)=-1,-5 doesn't work.
I starting to run out of Merlot.
Dom
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx> wrote:
> Dominick
>
> I'm going to assume that these are for two seperate tests. Combining
the two
> sets of conditions into one system would be difficult because one
calls for
> an exit in the open and the other calls for an exit on the close.
You don't
> say which version you use so again I'll assume 7.22 or lower.
>
> If you want to back-test a system that may close a trade on either
the open
> or the close you can achieve this with the 'Trade Equity' tools by using
> "price" signals instead of "binary" signals. Probably also
achievable with
> MS 8 System Tester.
>
> Roy
>
> #1
> {Enter Long} {Trade Price - CLOSE, zero delay}
> DayOfWeek()=1;
>
> {Close Long} {Trade Price - OPEN, zero delay}
> DayOfWeek()=3
>
> #2
> {Enter Long} {Trade Price - CLOSE, zero delay}
> DayOfWeek()=1 AND C>Ref(C,-1);
>
> {Alternate Enter Long}
> DayOfWeek()=1 AND C>ValueWhen(1,DayOfWeek()=5,C);
>
> {Close Long} {Trade Price - CLOSE, zero delay}
> C<ValueWhen(1,DayOfWeek()=5,O);
>
>
> > I didn't get a response from the Metastock group, so I'll give it a
> > try here.
> >
> > I'm trying to use the system tester. How can I write the following
> > two formulas:
> >
> > #1:
> > long at the close of dayofweek()=1
> > close long at the open of dayofweek()=3
> >
> > #2:
> > go long if close of dayofweek()=1 > close of last friday and
> > close long if close(0) < last friday's open.
> >
> > TIA,
> >
> > Dominick
> >
> >
> > To unsubscribe from this group, send an email to:
> > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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> >
> >
> >
> >
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