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Re: [EquisMetaStock Group] Virtual Close



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Trading Reference Links

Hi KatHay


> The trick I'm looking for is quite simple however I'm not sure if 
> available (Metastock 7.2). The idea is:
> 
> if H >= Ref(H,-1) then {Virtual Close} VC = Ref (H,-1);
> 
> the problem is that I need my VC to be Close of the bar which may be 
> tested in a system tester;
> Since Metastock 7.2 can't test intraday prices but only O,H,C,L 
> therefore I need real C to be replaced by the value of my VC for test 
> only.
> I assume that such trick cannot be coded and the only choice is to 
> change the real Close of that bar in my data stored by Downloader.
> Is a easy way to handle it ? I can open dowloader and change C into VC 
> manually if H > Ref(H,-1) but it's time consuming :(
> Or any other clues, codes ?


I think you're right - this is beyond the MS 7.2 System Tester. The MS 8.01 / 9.0
Enhanced System Tester allows you to choose the price the price to trade,
effectively anywhere in the HIGH-LOW range.

Have you looked at the Trade Equity tools? They allow you to define the entry
and/or exit price anywhere within the HIGH-LOW range too, and can be used
on any version of MS from 6.5 onwards. The tools and any support required is
free, so all it costs you to investigate and use is time.

A selection of Trade Equity formulas are available at
http://www.metastocktips.co.nz/te_formulas.html


Kind regards

Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links


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