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RE: [Metastockusers] Sell exactly 3 days after buying a stock



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Pierre,

You're a saint.

Thanks for all your help.

Nicholas


-----Original Message-----
From: Pierre Tremblay [mailto:pt2000@xxxxxxxxxxxxxxxx] 
Sent: Monday, December 30, 2002 11:33 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: Re: [Metastockusers] Sell exactly 3 days after buying a stock


Nicholas,

You put your inactivity stop in the Stops tab and you just put 99% in the
Minimum Change box, and 3 in the Periods - or maybe 2 if you use stategic
delay of 1.

When you use, for the Sell Formula, Low <= High and sometimes you see there
are four or five days between buy and sell, it's exactly the same problem
that you encounter with BARSSINCE : It's because your entry condition become
true again in the 3 days...

Pierre



Nicholas Kormanik a écrit :

>  Pierre,
>
> It somewhat appears that another way may work, with MetaStock version 
> 8 --- Using the Enhanced System Tester, in the Sell Order box, 
> Strategic Delay,
> for selling 3 days after buying, I put in 2 Days in the little input
> box.
> For the Sell Formula, I use Low <= High.
>
> When I plot results on chart, it usually works that the sale takes 
> place three days after the buy.  (However, sometimes I see there are 
> four or five
> days between buy and sell, and I'm not sure just why that happens.)
>
> If you happen to have MetaStock version 8, would you please tell me 
> where to place the inactivity stop?  Would it be in the Sell Order 
> tab, or the Stops
> tab?  If the later, would I just put 99% in the Minimum Change box,
> and 3 in
> the Periods?
>
> Thanks again for your help.
>
> Nicholas
>
>
> -----Original Message-----
> From: Pierre Tremblay [mailto:pt2000@xxxxxxxxxxxxxxxx]
> Sent: Sunday, December 29, 2002 8:25 PM
> To: Metastockusers@xxxxxxxxxxxxxxx
> Subject: Re: [Metastockusers] Sell 3 days after cross
>
>
> Nicholas,
>
> I think that the use of inactivity stop is an easy way to close your 
> position after 3 days.
>
> If you use Barssince to exit from an entry condition like, for 
> example, the CLOSE is greater than the simple 200 days moving average, 
> and you have
> :
>
> Barssince(C>mov(C,200,s) = 3
>
> ...to exit after 3 days.
>
> If after 1 or 2 days, the Close is under the SMA, the count with 
> Barssince return to zero and it's only after the CLOSE will be greater 
> than the SMA
> that the function Barssince will start to count again, so the position
> can
> be closed after 5, 20 or maybe 179 days later...
>
> Pierre
>
> Nicholas Kormanik a écrit :
>
> >
> > Thanks a lot, Pierre.
> >
> > I'll work with your suggestions.
> >
> > The approach that I've been trying over the past few days is to use 
> > the 'barssince' command:  First I provide a condition to *buy* the 
> > stock, and then in the sell box I state that 'barssince' that buy 
> > condition was
>
> > met
> > was, say, 3 days.
> >
> > Would both approaches amount to the same thing, or would one of the 
> > approaches be better?
> >
> > Nicholas
> >
> >
> > -----Original Message-----
> > From: Pierre Tremblay [mailto:pt2000@xxxxxxxxxxxxxxxx]
> > Sent: Saturday, December 28, 2002 11:20 AM
> > To: Metastockusers@xxxxxxxxxxxxxxx
> > Subject: Re: [Metastockusers] Sell 3 days after cross
> >
> >
> > Nicholas,
> >
> > You select your system, EDIT, STOPS : INACTIVITY.
> >
> > You check positions : LONGS and/or SHORTS for your system Method 
> > :PERCENT Parameters : Minimum change : 99 Periods : 3  (if you want
> to
> > close after 3
> > days)
> >
> > So if your stock haven't moved of at least 99 % percent in 3 days, 
> > your position will be closed.
> >
> > Pierre
> >
> > Nicholas Kormanik a écrit :
> >
> > >  Pierre,
> > >
> > > Thanks.  Would you be so kind as to give an example?
> > >
> > > Nicholas
> > >
> > >
> > > -----Original Message-----
> > > From: Pierre Tremblay [mailto:pt2000@xxxxxxxxxxxxxxxx]
> > > Sent: Friday, December 27, 2002 3:56 PM
> > > To: Metastockusers@xxxxxxxxxxxxxxx
> > > Subject: Re: [Metastockusers] Sell 3 days after cross
> > >
> > >
> > > Nicholas,
> > >
> > > You can use a large inactivity STOP (99%) with 3 days...
> > >
> > > Pierre
> > >
> > > Nicholas Kormanik a écrit :
> > >
> > > >
> > > > Folks,
> > > >
> > > > In system testing, I want to sell three days after the upward
> > cross
> > > of
> > > > an indicator.
> > > >
> > > > I forget how that's done.  Please remind me.
> > > >
> > > > It might be 'barssince,' or it might be by using a particular
> > stop,
> > > or
> > > > some other way???
> > > >
> > > > Any help greatly appreciated!
> > > >
> > > > Thanks,
> > > > Nicholas
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
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