RE: [Metastockusers] SYSTEM TESTER: Options Settings Dialog

["Joe J." <jojab@xxxxxxxxx>]

I 
would suggest you just check the box for realistic market prices if testing EOD 
(and leave these boxes blank).  Read in your MS manual or online help what 
this feature does.  What you have done here is entered on the opening 
of the bar that gave the signal.  You can not do that in reality.  The 
signal is going to happen at the end of the bar, thus you would enter on the 
open of the NEXT bar.
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Also, 
always plot out your indicators on the chart and double check the entries 
manually.  You want to make sure that the system is working the way you 
intend for it to.  Thus, say you are trying to test for a 20 EMA crossing a 
40 EMA, you want to plot both and see that the cross occurred and then that you 
entered on the open of the next bar.  You really need to be careful as you 
work through this.
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Good 
Trading, 
<FONT face=Arial color=#0000ff 
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Joe 
J.

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: uhehs@xxxxxxxx 
  [mailto:uhehs@xxxxxxxx]Sent: Friday, April 25, 2003 9:00 
  AMTo: Metastockusers@xxxxxxxxxxxx comSubject: 
  [Metastockusers] SYSTEM TESTER: Options Settings Dialog
  
  <FONT face=Arial color=black 
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  >Did 
  anyone get as confused as me reading this subject?!?!<SPAN 
  >   
  GEEZ!
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  > 
  <FONT face=Arial color=black 
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  >Anyhow, 
  I trade in real time.  Daily 
  charts and 15-min intervals.
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  >So I 
  set:
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  > 
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  >Entry 
  Price = OPEN    [to get 
  a signal anytime after the opening]
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  >Delay 
  = 0    [to show me on 
  the current bar]
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  >Exit 
  Price = CLOSE    [to get 
  a signal up to the closing of the bar]
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  >Delay 
  = 0.   [again, to show me on 
  the current bar]
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  > 
  <FONT face=Arial color=black 
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  >Positions 
  = Both    [long and 
  short]
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  > 
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  >Commissions 
  = Points
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  >Entry 
  = 10    [for 
  $10]
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  >Exit = 
  10    [for 
  $10]
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  > 
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  >Equity 
  = Points Only Test
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  > 
  <FONT face=Arial color=black 
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  >DID I 
  ASSUME ALL THESE CORRECTLY?
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  > 
  <FONT face=Arial color=black 
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  > 
  <FONT face=Arial color=black 
  size=2><SPAN 
  > To 
  unsubscribe from this group, send an email 
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