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Chris,
Hope it helps. I post this question quite some
weeks here before and getting this answer from someone else. If you plot it into
chart, you should have see the buy and sell arrow is falls on the same day.
Happy Trading :)
Desmond
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=chrismontgomery1966@xxxxxxxxx
href="">chrismontgomery1966@xxxxxxxxx
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: Saturday, April 24, 2004 12:12
PM
Subject: [EquisMetaStock Group]
Re:Trading Day of the week
Desmond,Thanks, I will try the settings you
suggest. The problem seems to be the trade is exiting before the sell
condition is triggered. It may have to do with the 10 perent max stop I
set and the money management rules set with the margin requirements
settings. So soon as the buy condition is met, the system buys and the
System tester exits the trade immediatly. This is causing big draw downs
in equity and the system sell condition is not causing the trade
exit.My buy condition is true or false and the sell condition generates a
true or false. When I add both indicators to the chart, they do not
correspond with what the system tester
generates.Thanks,Chris--- In
equismetastock@xxxxxxxxxxxxxxx, LBP <deslooi@xxxx> wrote:>
Chris,> > Metastock 8.0 and above is required. In order to exit
a trade on the same> day you enter it, you must delay the entry
signal:> > 1. In
the System Editor, on both the Buy Order and the Sell Short> Order
tabs:>
- set the Strategic delay to 1
Day.>
- put Ref( , +1) around your formula condition. for> example, if
the current formula
is:>
DayofWeek()=1>
change it
to:>
Ref( DayofWeek()=1, 1
)>
- Leave the Sell Order and Buy to Cover Order Strategic> delay set
at
0.>
- Leave the formulas for Sell Order and Buy to Cover Order> as
originally coded.> 2.
When running a new simulation, under System Testing Options |> More
| Trade Execution, uncheck Realistic Market Prices.>
3. Set both the Buy Price and
Sell Short Price to Open.>
4. Set Sell Price and Buy to
Cover Price to either Close, or> High/Low (with appropriate
slippage).> 5. Set
Delay order opening to 0 bars.> > Desmond> >
> > > > ----- Original Message -----> From:
"Chris Montgomery" <chrismontgomery1966@xxxx>> To:
<equismetastock@xxxxxxxxxxxxxxx>> Sent: Saturday, April 24, 2004
7:18 AM> Subject: [EquisMetaStock Group] Enhanced System Tester
MS9> > > > ***********************> > This
e-mail was scanned by TM Net E-Mail Virus Shield.> >
***********************> >> >> > 167 8/29/03 1
Considered Buy 100 Market Signal> > 168 9/2/03 1
Placed Buy 100 Market Signal> > 168 9/2/03 1
Opened Buy 100 Market Signal> > 168 9/2/03 1
Executed Buy 100 Market $3.4700 Open 1> > Signal> > 168
9/2/03 2 Considered Sell 100 Limit $3.4700 1 Stop> >>
> 168 9/2/03 2 Placed Sell 100 Limit 1 Stop> > 168
9/2/03 2 Opened Sell 100 Limit 1 Stop> > 168 9/2/03 2
Executed Sell 100 Limit $3.4700 Limit 1> > Stop> >>
> MS9 EOD> > What would cause the system tester to buy and
then> > exit on the same day?> > Strategic delay for buys
and sells set to 1 bar where> > you edit the system.> > On
the "System Testing Options" window, "Delay Order> > Opening" is set
to 1 bars.> >> > Also what is the best way to disable
margin usage> > during testing?> > Long initial
100%,> > Long Maintenance 0%,> > Short Initial
150%,> > Short Maintenance 150%> > These are the defaults
settings, but changing them> > doesnt seem to effect much.>
>> > I have switched to Long only trades and it is still>
> buying on the open and selling on the open on the same> > day.
I have also set the dates where I can watch the> > test on one
chart.> >> > Thanks,> >> >
Chris> >> > Just upgraded from MS7.2 EOD. I also use
Tradesim Pro,> > but want to be able to see the buy sell signals on
the> > charts.> >> >> >>
>> >> >> >
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