[EquisMetaStock Group] How to code it in Metastock?

[chichungchoi <no_reply@xxxxxxxxxxxxxxx>]

Does anyone have any suggestions on how to code it in Metastock?

There are given levels for triggering buy and sell signals.
..., 70, 75, 78, 80, 85, 90, 93, 99, 104, ...

For Buy Signal
If price cross over any of above levels, then it will trigger a buy signal, and the stop loss will be the level below it, for example, if price cross over 78, then a buy signal will be triggered with a stop loss 75, if price keeps going up and cross over 80, then another buy signal will be triggered with stop loss moving up to 78, ... etc

For Sell Signal
If price cross below any of above levels, then it will trigger a sell signal, and the stop loss will be the level above it, for example, if price cross below 93, then a sell signal will be triggered with a stop loss 99, if price keeps going down and cross below 90, then another sell signal will be triggered with stop loss moving down to 93, ... etc
At this moment, there are 2 sell signals triggered, and once the price hits the stop loss level, then both positions will sold out.

Does anyone have any suggestions on how to code it in Metastock?
Thanks in advance for any suggestions
Eric




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