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Hi Joe
Thanks for the thoughts.
Before I go fumbling about can I re-state that I'm using MS 8.01 EOD, that's
the EOD version as well as using (obviously?) EOD data.
When I said that I want to "Enter long" I should have said that my system is
LONG only - it doesn't sell short or buy to cover, It's either long or it's
not in the market at all.
With this in mind, are your comments all still relevant? I'm not so worried
by the possibility that you're using Pro and thinking intraday (I can make
necessary adjustments to EOD) as that the references to "short" may not be
applicable with my long only system.
Clarification please.
Roy
----- Original Message -----
From: "Joe J." <jojab@xxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Thursday, July 31, 2003 10:34 AM
Subject: RE: [EquisMetaStock Group] 8.01 EOD System Tester Question
Roy,
It would be a pleasure to help you out after all the help you have provided
to the MS groups.
Here is a code example for a stop but the same concept applies to limit
orders;
In the SELL ORDER box you include the conditions where you want to enter the
order
Short
OR
Hour()*100+Minute()=1030
{in this case, I'm defining "Short" above (not shown) and telling the system
to exit the trade if the "short" condition is met or if the time is 1030}
Then in with the Order type set to Stop, I enter all of the code that is
entered in the SELL ORDER box (just copy and paste) but instead of what I
have listed above, I tell the system exactly what to do if "short" or the
time condition is met.
If(Short,ValueWhen(1,Bearfrac,ref(Low,-2)-.25),
If(Hour()*100+Minute()=1030,Close,0))
{what this is saying is to exit at a certain price if the condition "short"
is met and at the close if the time condition is met, otherwise do nothing.}
I hope this is useful. Let me know if you need any further guidance on this
matter.
Good Trading,
Joe J.
-----Original Message-----
From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
Sent: Wednesday, July 30, 2003 3:09 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] 8.01 EOD System Tester Question
Can someone please tell me how to set up an "enter long" on the current bar
at a specific price. My system is based on EOD data and will enter long at a
predetermined price (breakout) within the high/low range for the day. I
don't want to use OHLC and I am supplying the price as a price spike on the
entry day to the "Limit or Stop Price" box. I've tried the options I can
see, I've even looking in "Help" but must be looking in the wrong place
because I can't see anything that helps.
I've been running the same tests using Trade Equity for years without a
problem, and my understanding is that TradeSim and other third party tools
can also perform this fairly basic function without too much drama. What am
I missing
Thanks.
Roy
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