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Hi Sharad
> that is exactly the problem. thus the system tester is not giving accurate results. I have given
> up at present and reverted back to excel programming for this system. But this is a major problem
> with metastock then. Most systems would like a Trailing Stop and thus optimising and testing on
> meta is useless. Firstly - repeating all the entry conditions in the exit long section - slows
> down the testing dramatically and to top that - a repeat Buy signal resets the Trailing Stop.
> There must be a simpler way out - surely. Metastock is so good in all other respects.
No matter whether you use PREV based code for your trailing stop (which also functions outside the
System Tester), or the Simulation function (which only works inside the Enhanced System Tester),
your going to be stuck with very slow execution. This is a fact of life. If you're not using a dll
based trailing stop such as Richard's, then PREV or Simulation based code is necessary to prevent
secondary Buy signals from affecting trailing/initial stops.
> Saw the link - but it asks for inputs to determine the trailing stop. That is not possible for
> system testing nor for multiple stocks - since then manually entering the data everyday wud be
> cumbersome.
> Is there not anyone else who has cracked this issue ? Roy - surely you must have ?
Richard's dll based trailing stop code can be modified easily enough so that the date entry is
replaced by your own Buy formula signals. No problem there. The dll itself doesn't need to be
changed, just the supporting MFL code. I think there are one or two issues with the dll, but if
you're waiting for perfection you may have a long wait.
Kind regards
Roy
www.metastocktips.co.nz
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