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Hi,
I have a question to ask pertaining to System Tester, I want a buy
signal trigger by today if yesterday close is higher than the day
before yesterday
i.e. close>ref(close,-1)
but I want today enter is based on yesterday close add 1% and if
today range is falls within the price then only the enter will
trigger
i.e. today price range > ref(close,-1)*1.01
This is what I do :
In Buy Order tab, formula : "close>ref(close,-1)" {without the
quote}
In Order Type tab, Limit of Stop Price : "valuewhen(1,ref(close,-1)
*1.01,close)" {without the quote}
System Testing Option : Trade Execution tab : I checked the
Realistic Market Price
but when I plot the result on chart, I can't figure out whether my
testing is true based on the concept I had mentioned or not.
Example:
Date : 10/05/04
Open : 2255
High : 2325
Low : 2235
Close : 2310
Date : 11/05/04
Open : 2300
High : 2415
Low : 2285
Close : 2400
Date : 12/05/04
Open : 2405
High : ?
Low : ?
Close : ?
So, if the price rally upto 2400*1.01 = 2424 then I need the system
tester enter price to be 2424.
Can anyone assist me ? I'm using MetaStock 8.0 Pro version.
Thanks In Advance
Desmond
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