RE: [Metastockusers] System Tester

[<uhehs@xxxxxxxx>]

<span
>Hi Joe.

<span
> 

<span
>What about
Daily bars?  Can a test on those be done
with a Delay set to ZERO and then trade as I see a trigger?

<span
>[I ask
because lately I’ve missed some big moves on the Daly charts that didn’t look
as attractive the next day]

<span
> 

<span
>Sometimes even
going to the 15 minute bars misses some of the move.  I suppose I can go to an even shorter time period, but that goes
against my style.

<span
> 

<font size=2 color=black
face=Tahoma>-----Original
Message-----
From: Joe J.
[mailto:jojab@xxxxxxxxx]
Sent: Sunday, April 27, 2003 3:02
AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: RE: [Metastockusers]
System Tester

<span
> 

<font size=2 color=black
face="Courier New">You mentioned that you trade on 15 minute bars.  Remember,
your signal happens at the end of a bar.  Then you open the position on
the open of the next bar.  So, yes, in a sense you can trade
immediately...still that happens on the open of the bar after the signal not on
the open of the bar that triggered the signal, which is why you set the delay
to 1 when using the open.  <font size=2 color=black
face="Courier New">

Good Trading,

Joe J.




-----Original Message-----
From:      uhehs@xxxxxxxx [mailto:uhehs@xxxxxxxx]
Sent:      Sat 4/26/2003 7:08 PM
To:      Metastockusers@xxxxxxxxxxxx com
Cc:      
Subject:      [Metastockusers] System Tester

It was suggested that a true System Test is one were the Entry Delay is set
to the number 1.
Can’t I set it to ZERO if I am charting in real-time;  So I can trade
immediately as I get a trading signal?

Also, [when trading stocks], what is the preferred setting POINTS ONLY or
placing in values [like equity of $20,000 with 100% Margin and no
interest]?
When I run a System Test using the dollar amount mentioned, it appears a
bit
unrealistic.  I figured that the program is reinvesting every dollar
into
the next trade. That’s why I am thinking POINTS ONLY may be the way to go.

Anyone who can, please help.












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