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<DIV><FONT color=#000000 face=Arial size=2>Daniel,</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT><<The problem is, you
can only perform very short-term tests on the data you have>></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Are you saying that the software cannot perform
testing on EOD data longer than a few years or is that in relation to the
testing of Real time data? I assume the real time but I would just like it
to be clarified.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Ed</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Daniel Martinez <<A
href="mailto:DanM@xxxxxxxx";>DanM@xxxxxxxx</A>><BR><B>To: </B><A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>>;
J.W.E. Roberts <<A
href="mailto:jan.roberts@xxxxxxxxxxxxxxxxx";>jan.roberts@xxxxxxxxxxxxxxxxx</A>><BR><B>Date:
</B>October 23, 1998 5:05 PM<BR><B>Subject: </B>Re: Stochastics and
MetaStock System Tester<BR><BR></DIV></FONT>Hello J.W.E., <BR>When I wrote
my first email, I suspected I'd have to do that. The problem is I'll
have to write a formula which incorporates 3 different stochastics with
variables all at the same time. Since I am not fully familiar with the
System Tester, I think it will take at least a full day.
<P>Also, <B><FONT color=#ff0000>Metastock has a poor implementation of
stops.</FONT></B> In actual trading, I would never allow more than a
15% loss in one day. However, using end-of-day data, MetaStock doesn't
use intraday stops. So, any results I get will get will be
suspect. Big move days, such as that 500 drop we had on late Aug 31,
would completely distort the Tester's results. Frankly, I don't know
how much value the Tester has. Is it really worth using; spending
weeks learning all the commands, formulas, and intricacies?
<B><FONT color=#ff0000>I have mentioned this problem to Equis several times,
as far back as Aug/97, and nothing as been done. </FONT></B>
<P>Equis did mention that I could buy the Pro version, save the datafeed,
and then perform tests on the data I have accumulated. The problem is,
you can only perform very short-term tests on the data you have. You
cannot perform tests going back several years. All I want is for Equis
to fix this bug, and it <B><I>is</I></B> a bug. <B><FONT
color=#330000>I'd even be willing to pay $50 for the fix, if that
helps.</FONT></B> If they included it in the trendlines package, I'd
buy it. <IMG align=absBottom height=16
src="cid:004101bdfefd$06e824e0$aad1ba89@xxxx"; width=16> <BR>
<BR>Daniel.
<P> <BR>P.S.: Sorry about the HTML in this one. If your
reader can't handle HTML, please upgrade.
<P>
<P>J.W.E. Roberts wrote:
<BLOCKQUOTE TYPE = CITE>Hi Daniel, <BR>Why don't you run a couple of
system tests to find out which inputs work best <BR>with your core
equities? <BR>Happy Trading, JW
<P>Daniel Martinez wrote:
<P>> Hello MetaStock Users: <BR>> I am currently using MetaStock
v6.5 and want to view short, intermediate <BR>> and long-term
stochastic inner charts for my stock and index watch list. I
<BR>> am using daily data. As you know, stochastics requires 3
input numbers. <BR>> %K, %K slowing and %D. Would someone
please give me ideas for what numbers <BR>> I should use for each
chart, short, intermediate and long-term? I would <BR>> prefer
all formulas based on daily data. However, I realize this may not
<BR>> be possible with the long-term chart. <BR>> <BR>> Thank
you, <BR>> Daniel Martinez <BR>> Santa Ana, CA</P></BLOCKQUOTE>
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