[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [EquisMetaStock Group] Digest Number 554



PureBytes Links

Trading Reference Links

Hi all,

I've got the original manuals for Vers. 5, 6, 6.5, and 7 (End-of-Day)
Any use to anyone? Any offers?

Thanks
Ken
(in Canada)

At 01:31 10/13/2003, you wrote:
>
>To unsubscribe from this group, send an email to:
>equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
>
>------------------------------------------------------------------------
>
>There are 8 messages in this issue.
>
>Topics in this digest:
>
>       1. Re: Re: Turtles Trading System
>            From: "John Doe" <ms001122@xxxxxxxxxxx>
>       2. Re: MaxLocksperFile
>            From: Harry M. Ward <hmw3@xxxxxxxxxxxxxx>
>       3. Re: Re: MaxLocksperFile
>            From: "Tom Sprunger" <tlsprunger@xxxxxxxxxxx>
>       4. Unlock formulas from metastock plug-in ?
>            From: "stf" <drclic@xxxxxxxxxxx>
>       5. Re: Re: MaxLocksperFile
>            From: "Peter Kuskopf" <pkuskopf@xxxxxxxxxxxxxxx>
>       6. Re: Re: MaxLocksperFile
>            From: "Peter Kuskopf" <pkuskopf@xxxxxxxxxxxxxxx>
>       7. Re: Re: Turtles Trading System
>            From: JayTownsend@xxxxxxx
>       8. Profit Risk Trailing Stop
>            From: "jessedoggett2000" <thedoggetts1@xxxxxxx>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 1
>    Date: Sun, 12 Oct 2003 18:46:15 +0000
>    From: "John Doe" <ms001122@xxxxxxxxxxx>
>Subject: Re: Re: Turtles Trading System
>
>Jay,
>
>I don't know of the merits or otherwise of the posted trading system, but I
>*do* appreciate your bringing the site to my (and other forum users')
>attention. I have downloaded the system and hope to study it over the next
>few weeks/months.
>
>JD
>=================================================
>
>From: JayTownsend@xxxxxxx
>Reply-To: equismetastock@xxxxxxxxxxxxxxx
>To: equismetastock@xxxxxxxxxxxxxxx
>Subject: Re: [EquisMetaStock Group] Re: Turtles Trading System
>Date: Fri, 10 Oct 2003 00:34:32 EDT
>
>For what it's worth since I don't have documentation:
>
>1. Richard Dennis has had at least one of his commodity funds go
>bankrupt when the system had too many consecutive losses. I've been
>told that he (and other former Turtles) have modified the Donchian
>breakout system to incorporate a measure of volatility.
>
>Yes, that link I sent out had a volitility factor.
>
>2. Russell Sands, the Turtle that divulged the trading system, has
>bankrupted his accounts twice. To his credit(?), he still trades the
>same system with new equity. He sells the system rules to recover
>from the busted accounts.
>
>The site clearly states that Sands was fired by Dennis because not only did
>he divulge the contents of the system (Dennis had each Turtle sign an
>agreement
>to not disclose them for 10 years, after which time they could) he didn't
>follow the system anyway and lost money.  One of the stated reasons of that
>site
>publishing the system for free, was to 'get even' with Sands and break his
>'monopoly' on a Turtle system that isn't really a Turtle system.
>
>3. The Donchian breakout system is only part of the Turtle system.
>There are a bunch of position sizing rules and stop losses that are
>not part of the simple breakout system. To my mind, these rules are
>the real cause of success for the Turtle system (or any other
>system).  Cut your losses short, increase your investment when you
>have a winner (a simplification of the Turtle money management
>rules). These rules can be used with any system and give positive
>results (even a system that uses random entries). It just takes the
>discipline to follow them (luck obviously changes the amount of time
>to become a billionaire).
>
>Yes, all of the rules that one can think of were at the site.
>
>4. If you do a search on Donchian, I think you will find all of the
>information you need on this relatively simple entry and exit system:
>Enter long when close > ref(hhv(h,20),-1)
>Exit long when close < ref(llv(c,10),-1)
>Short is just the reverse.
>
>Yes, that is what some sites say, but that is not the original Donchian.  I
>had a book of the original Donchian when it first came out and the original
>was
>a 20/20 long/short - in the market at all times.  Early in its history, it
>made money.
>
>However, the Turtle system is best applied in commodities.
>Each commodity has a very individual character, but two facts of
>commodity markets never change:
>1. Cyclicality (as mentioned below)
>2. Basic economics that force a commodity's price to be low for long
>periods of time (when supply exceeds demand) followed by shorter
>periods of exponential price increases (when demand exceeds supply)
>until enough new production or substitutes come into the marketplace.
>I believe it's this second characteristic of commodity markets that
>make a breakout system useful.
>
>The Turtles only traded the commodity markets.  Seasonal cycles apply to all
>commodity markets, including all financial.  However, they totally violate
>the
>seasonals at times so they are not dependable, in spite of what Jake
>Bernstein trys to tell you.  He is in the business of selling systems and
>one of his
>former brokerage associates stated that Jake lost money in his own personal
>account for every year that he was with him.  Also, there is a Moore
>Research
>Institute out of Oregon who began back testing the seasonal cycles, and
>through
>their mathematical models attempt to predict precise entry days and exit
>days,
>with stop losses and/or price objectives.  They go no farther back than 20
>years and to qualify for one of their selections it has to have a 70% or
>higher
>probability of occuring.  I took their subscription for a year and found
>that
>you need at least 50K to trade, and that you should really have 100K.  They
>traded futures only, and all of them, and their 'paper' profits were
>somewhere
>around 50%, though if I remember right they did not account for slippage and
>a
>few other things.  Moore is now available on-line and is very expensive, and
>in
>my opinion very risky.
>
>Jay
>
>_________________________________________________________________
>Get MSN 8 Dial-up Internet Service FREE for one month.  Limited time offer--
>sign up now!   http://join.msn.com/?page=dept/dialup
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 2
>    Date: Sun, 12 Oct 2003 16:58:21 -0400
>    From: Harry M. Ward <hmw3@xxxxxxxxxxxxxx>
>Subject: Re: MaxLocksperFile
>
>Tom:
>
>On 11 Oct 2003 08:46:59 -0000, you wrote:
>
> >> And I believe if you export your results
> >>to Excel, then you can delete regularly and you probably won't have the
> >>maxlocks file problem very often.   I don't.
>
>This is becoming really frustrating. I now have MaxLocksperFile set at
>100,000. If that has really improved anything, it is not very obvious.
>When ST_Data.mdb gets above 60Meg or so, I get the error message. I
>tried running "Discard" several times in a row, but still got the
>message. Then earlier today, after getting the message (I was trying
>to discard one of two Tests), I closed MS, opened the file in Access
>(I have Access 2000) and used the Compact and Repair feature. This
>reduced the size of the file to 43Meg. When I reopened MS, the file I
>had been trying to discard was no longer listed! But it now takes over
>1 minute to open the System Tester.
>
>I can't believe we are the only folks who run into this problem. Maybe
>the operating system has some affect. You seem to be able to manage,
>and have XP. I don't, and have Win98SE.
>
>I know that the size of the ST_Data.mdb file varies greatly depending
>on what indicator you are trying to test. The next time you get ready
>to Discard test results, would you open Windows Explorer, and see how
>large the ST_Data.mdb file is getting? This would help me determine
>whether I am having problems that others don't, or that I am just
>creating larger test files.
>
>Harry
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 3
>    Date: Sun, 12 Oct 2003 16:55:44 -0500
>    From: "Tom Sprunger" <tlsprunger@xxxxxxxxxxx>
>Subject: Re: Re: MaxLocksperFile
>
>
> >
> > This is becoming really frustrating. I now have MaxLocksperFile set at
> > 100,000. If that has really improved anything, it is not very obvious.
> > When ST_Data.mdb gets above 60Meg or so, I get the error message. I
> > tried running "Discard" several times in a row, but still got the
> > message. Then earlier today, after getting the message (I was trying
> > to discard one of two Tests), I closed MS, opened the file in Access
> > (I have Access 2000) and used the Compact and Repair feature. This
> > reduced the size of the file to 43Meg. When I reopened MS, the file I
> > had been trying to discard was no longer listed! But it now takes over
> > 1 minute to open the System Tester.
> >
> > I can't believe we are the only folks who run into this problem. Maybe
> > the operating system has some affect. You seem to be able to manage,
> > and have XP. I don't, and have Win98SE.
> >
> > I know that the size of the ST_Data.mdb file varies greatly depending
> > on what indicator you are trying to test. The next time you get ready
> > to Discard test results, would you open Windows Explorer, and see how
> > large the ST_Data.mdb file is getting? This would help me determine
> > whether I am having problems that others don't, or that I am just
> > creating larger test files.
>
>
>
>Harry, I just went in and checked my current file size. It is 343MB.
>Probably have a handful of system test reports in there.  The system test I
>have been running recently are quite complicated.  Each system test uses
>about 6-7 indicators, each one called from an Indicator formula.  I bet the
>size is also effected by the number of bars in the test.  My test has 1100
>bars in it.
>
>I have also noticed that most times it takes a long time to open the System
>Tester for me, the first time I open after starting Metastock.   Mine takes
>longer than one minute.  I can usually go get a cup of coffee and come back
>in the time it takes to open it.  Its a pain, but not as big as the discard
>problem.  Until you commented about it I never associated it with the
>maxlocksper file issue.  But certainly it was quick to open when I first
>bought the upgrade so something has changed.
>
>I don't know what to tell you except that I suspect that XP handles the
>problem a little better than 98.  By the way I'm also running Office 2000.
>You might go check for an office update.  I was there not too long ago and I
>think I remember a patch that effected the Jet engine or whatever that I
>believe is used with the MaxLocks stuff.  Also I have my MaxLocks set at
>500K I believe.
>
>I would guess that most users don't run very sophisticated tests.  Power
>users will experience this problem more than casual users. Maybe the lack of
>others complaining says something about how many power users there are, or
>about how many power users have upgraded to 8.0.  I know for a fact that
>over the last 2-3 years a high percent of the old active power posters on
>this board have left and gone to amibroker.  Equis will have to address this
>problem as well as the whole bunch of system tester issues I have complained
>about or this is the last release I will buy.  That would be a shame.
>
>The only other thing you could try is the repair procedure given by
>Metastock. Did they give you that?  If not, let me know and I'll post it.
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 4
>    Date: Mon, 13 Oct 2003 01:00:15 +0200
>    From: "stf" <drclic@xxxxxxxxxxx>
>Subject: Unlock formulas from metastock plug-in ?
>
>Hello,
>
>My question is : If you buy a plug in for metastock like "power pivots
>++ ", do you have the password to unlock the formulas ???
>
>If not, does anybody know how to unlock a formulas ?
>
>
>Stephane.
>
>_____________________________________________________________________
>Envie de discuter en "live" avec vos amis ? Télécharger MSN Messenger
>http://www.ifrance.com/_reloc/m la 1ère messagerie instantanée de France
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 5
>    Date: Mon, 13 Oct 2003 11:37:16 +1000
>    From: "Peter Kuskopf" <pkuskopf@xxxxxxxxxxxxxxx>
>Subject: Re: Re: MaxLocksperFile
>
>I have used the MS-Access Compact/Repair technique for a long time, and I 
>ensure all old tests are removed. I can't remember ever having had a 
>MAXLOCKS problem and I have never touched the Maxlocks setting. My MDB 
>file has been as large as 500 MB. However, I use WinXP. Perhaps the locks 
>are used differently or are per-process on XP.
>
>As to the speed of the system tester, I find it woeful for anything 
>serious, and MS 8.01 didn't change anything in this regard. So I have 
>switched to Amibroker for system testing purposes. The Metastock system 
>tester startup time seems to be related to the physical size of the MDB file.
>
>Peter
>
>
>   ----- Original Message -----
>   From: Harry M.Ward
>   To: equismetastock@xxxxxxxxxxxxxxx
>   Sent: Monday, October 13, 2003 6:58 AM
>   Subject: [EquisMetaStock Group] Re: MaxLocksperFile
>
>
>   Tom:
>
>   On 11 Oct 2003 08:46:59 -0000, you wrote:
>
>   >> And I believe if you export your results
>   >>to Excel, then you can delete regularly and you probably won't have the
>   >>maxlocks file problem very often.   I don't.
>
>   This is becoming really frustrating. I now have MaxLocksperFile set at
>   100,000. If that has really improved anything, it is not very obvious.
>   When ST_Data.mdb gets above 60Meg or so, I get the error message. I
>   tried running "Discard" several times in a row, but still got the
>   message. Then earlier today, after getting the message (I was trying
>   to discard one of two Tests), I closed MS, opened the file in Access
>   (I have Access 2000) and used the Compact and Repair feature. This
>   reduced the size of the file to 43Meg. When I reopened MS, the file I
>   had been trying to discard was no longer listed! But it now takes over
>   1 minute to open the System Tester.
>
>   I can't believe we are the only folks who run into this problem. Maybe
>   the operating system has some affect. You seem to be able to manage,
>   and have XP. I don't, and have Win98SE.
>
>   I know that the size of the ST_Data.mdb file varies greatly depending
>   on what indicator you are trying to test. The next time you get ready
>   to Discard test results, would you open Windows Explorer, and see how
>   large the ST_Data.mdb file is getting? This would help me determine
>   whether I am having problems that others don't, or that I am just
>   creating larger test files.
>
>   Harry
>
>         Yahoo! Groups Sponsor
>
>
>
>   To unsubscribe from this group, send an email to:
>   equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
>
>
>[This message contained attachments]
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 6
>    Date: Mon, 13 Oct 2003 11:48:17 +1000
>    From: "Peter Kuskopf" <pkuskopf@xxxxxxxxxxxxxxx>
>Subject: Re: Re: MaxLocksperFile
>
>Oops. Spoke too soon. My (large) MDB file had one particularly large 
>system test sitting in it, which gave a Maxlocks error when trying to 
>discard it.
>
>Peter
>
>
>   ----- Original Message -----
>   From: Peter Kuskopf
>   To: equismetastock@xxxxxxxxxxxxxxx
>   Sent: Monday, October 13, 2003 11:37 AM
>   Subject: Re: [EquisMetaStock Group] Re: MaxLocksperFile
>
>
>   I have used the MS-Access Compact/Repair technique for a long time, and 
> I ensure all old tests are removed. I can't remember ever having had a 
> MAXLOCKS problem and I have never touched the Maxlocks setting. My MDB 
> file has been as large as 500 MB. However, I use WinXP. Perhaps the locks 
> are used differently or are per-process on XP.
>
>   As to the speed of the system tester, I find it woeful for anything 
> serious, and MS 8.01 didn't change anything in this regard. So I have 
> switched to Amibroker for system testing purposes. The Metastock system 
> tester startup time seems to be related to the physical size of the MDB file.
>
>   Peter
>
>
>     ----- Original Message -----
>     From: Harry M.Ward
>     To: equismetastock@xxxxxxxxxxxxxxx
>     Sent: Monday, October 13, 2003 6:58 AM
>     Subject: [EquisMetaStock Group] Re: MaxLocksperFile
>
>
>     Tom:
>
>     On 11 Oct 2003 08:46:59 -0000, you wrote:
>
>     >> And I believe if you export your results
>     >>to Excel, then you can delete regularly and you probably won't have the
>     >>maxlocks file problem very often.   I don't.
>
>     This is becoming really frustrating. I now have MaxLocksperFile set at
>     100,000. If that has really improved anything, it is not very obvious.
>     When ST_Data.mdb gets above 60Meg or so, I get the error message. I
>     tried running "Discard" several times in a row, but still got the
>     message. Then earlier today, after getting the message (I was trying
>     to discard one of two Tests), I closed MS, opened the file in Access
>     (I have Access 2000) and used the Compact and Repair feature. This
>     reduced the size of the file to 43Meg. When I reopened MS, the file I
>     had been trying to discard was no longer listed! But it now takes over
>     1 minute to open the System Tester.
>
>     I can't believe we are the only folks who run into this problem. Maybe
>     the operating system has some affect. You seem to be able to manage,
>     and have XP. I don't, and have Win98SE.
>
>     I know that the size of the ST_Data.mdb file varies greatly depending
>     on what indicator you are trying to test. The next time you get ready
>     to Discard test results, would you open Windows Explorer, and see how
>     large the ST_Data.mdb file is getting? This would help me determine
>     whether I am having problems that others don't, or that I am just
>     creating larger test files.
>
>     Harry
>
>
>     To unsubscribe from this group, send an email to:
>     equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>     Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
>
>
>         Yahoo! Groups Sponsor
>
>
>
>   To unsubscribe from this group, send an email to:
>   equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
>
>
>[This message contained attachments]
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 7
>    Date: Sun, 12 Oct 2003 18:34:44 EDT
>    From: JayTownsend@xxxxxxx
>Subject: Re: Re: Turtles Trading System
>
>In a message dated 10/12/2003 11:48:25 AM Pacific Daylight Time,
>ms001122@xxxxxxxxxxx writes:
>
> > I don't know of the merits or otherwise of the posted trading system
>
>Me neither!  I do know that some on the list had asked about Turtle trading
>in the past, and from all that I can gather from that site it is truly
>legitimate, and free.  I picked up a couple of pointers from it, and I 
>think that if
>one is attracted to that style of trading that you can learn from it, though
>not necessarily use it as 'the' system.
>
>Thanks,
>
>Jay
>
>
>[This message contained attachments]
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>Message: 8
>    Date: Sun, 12 Oct 2003 16:39:04 -0000
>    From: "jessedoggett2000" <thedoggetts1@xxxxxxx>
>Subject: Profit Risk Trailing Stop
>
>I am relatively new to Metastock and am slowly learning the
>programming syntax.  I've encountered what seems to be a problem
>with the application (v8.0 EOD) on the Stops page of the System
>Editor.  When I attempt to set a trailing stop that gives back some
>percent of the profit to date absolutely nothing happens.  It's like
>this part of the application is not turned on.  I questioned equis
>support and received a cryptic reply that they do indeed have a
>problem with the trailing stop feature.  Has anyone else experienced
>this problem?  Also, does anyone have code that implements profit
>risk trailing stop?
>Thanks in advance,
>
>Jesse Doggett
>Mesa, AZ
>
>
>
>
>________________________________________________________________________
>________________________________________________________________________
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/

http://www.surveysavvy.com/?id=1078890&hid=1078890 



------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/BefplB/TM
---------------------------------------------------------------------~->

To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/