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Hi group,
Is it possible to test pyramiding strategies using
Metastock?
Lets say,the system adds some positions after the
profit has reached x% of initial equity.
Or a system which says add on corrections in strong
upward trend.
Is it possible to program these in MS?
Also,I wish to know as to what kind of pyramiding
strategies work the best?
Regards,
Sachin
--- superfragalist <no_reply@xxxxxxxxxxxxxxx> wrote:
>
> Those are more of William's marketing props. He
> names common stuff
> with cute terms so you think he has something
> original. The AO is a
> MACD with pretty colors and the Alligator is nothing
> but offset
> Wilder's. The Alligator works as well as moving
> averages so you aren't
> going to go wrong with them, but understand there's
> nothing special
> there. Watch out for those prices moving into the
> mouth of the gator!
>
> The wise men are simply fractal support and
> resistance. No big deal.
>
> Knock yourself out. However, be warned, all of
> William's Fractals use
> forward references. They're suppose to so. They look
> more impressive
> on the charts in his books because you can't tell
> they're dynamic.
>
> Wise Man 3 Resistance
>
> (If( HIGH > Ref(HIGH,-1 ), 1 ,0 ) AND
> If( HIGH > Ref(HIGH , -2 ), 1 ,0 ) AND
> If(HIGH>Ref(HIGH,-3),1,0)
> AND
> If( HIGH > Ref( HIGH , +1 ), 1 ,0 ) AND
> If( HIGH > Ref( HIGH , +2 ), 1 ,0 ) AND
> If(HIGH>Ref(HIGH,+3),1,0))
>
> Wise Man 3 Support
>
> (If( LOW < Ref( LOW , -1 ), 1 ,0 ) AND If( LOW <
> Ref( LOW , -2 ), 1 ,0)
> AND If( LOW < Ref( LOW , -3 ), 1 ,0) AND
> If( LOW < Ref( LOW , +1 ), 1 ,0 )AND If( LOW < Ref(
> LOW , +2 ), 1 ,0 )
> AND If( LOW < Ref( LOW , +3 ), 1 ,0 ))
>
> Wise Man 2 Resistance
>
> (If(HIGH > Ref( HIGH , -1 ), 1 ,0 ) AND
> If(HIGH > Ref( HIGH , -2 ), 1 ,0 )
> AND
> If( HIGH > Ref( HIGH , +1 ), 1 ,0 ) AND
> If( HIGH > Ref( HIGH , +2 ), 1 ,0 ))
> AND Ref(H,-3)>Ref(H,-6)
>
> Wise Man 2 Support
>
> (If( LOW < Ref( LOW , -1 ), 1 ,0 ) AND
> If( LOW < Ref( LOW , -2 ), 1 ,0 ) AND
> If( LOW < Ref( LOW , +1 ), 1 ,0 ) AND
> If( LOW < Ref( LOW , +2 ), 1 ,0 ))
> AND Ref(L,-3)>Ref(L,-6)
>
> I hope you're wiser now!
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx,
> "andrewteohyewleng"
> <andrewteohyewleng@xxxx> wrote:
> >
> >
> > Hi all, does anyone know where I can find formulas
> to the
> > indicators for ProfitUnity's(Bill's) Aligator,
> first and second
> > wiseman? Thanks.
> >
> > Andy
>
>
>
>
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