RE: [Metastockusers] Re: MS System Tester vs TradeSim

["Joe J." <jojab@xxxxxxxxx>]

<FONT face=Arial color=#0000ff 
size=2>Jose,
<FONT face=Arial color=#0000ff 
size=2> 
MSST 
in 8.1 allows you to use limit and stop orders much in the way you might in real 
trading.  For example you can tell it to buy if yesterday's high is 
exceeded by one tick at yesterday's high plus one 
tick.  
 
As I 
mentioned before you don't have to use the compounding feature - just 
select points only.
 
As for 
Hani's question, it has been posted a couple times here (although the 
method escapes me at the moment) but there is a way to reference the entry 
price with the new simulation functions found in 8.1.
 
Good 
Trading,
 
Joe 
J.  

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Jose 
  [mailto:josesilva22@xxxxxxxxx]Sent: Friday, March 26, 2004 5:35 
  AMTo: Metastockusers@xxxxxxxxxxxxxxxSubject: 
  [Metastockusers] Re: MS System Tester vs 
  TradeSimHani, MSST cannot handle specific prices 
  (other than OHLC entry/exit) within its compound equity 
  calculation.TradeSim can.  It has specific EntryPrice & 
  ExitPrice variables that it can use for both system trigger signals, and 
  equity calculation.jose--- In 
  Metastockusers@xxxxxxxxxxxxxxx, "Hani Mounir" <elmagd2000@xxxx> 
  wrote:> Jose and all,> my problem with MSST is that : I have 
  specific values in  trade execution ( open, high,low and close ). 
  what if I need to use the actual price when entry triggered (delay = zero 
  ). How to do that?> Is that the same in TradeSim? >  
  > Thanks & regards,> Hani> > 
        -----Original Message----- > 
        From: Jose [mailto:josesilva22@xxxx] > 
        Sent: Ų§Ł&#8222;Ų®Ł&#8230;Ł&#352;Ų³ 25/03/2004 05:48 Ųµ > 
        To: Metastockusers@xxxxxxxxxxxxxxx > 
        Cc: >       
  Subject: [Metastockusers] MS System Tester vs TradeSim> 
        >       
  > >       The difference between 
  MetaStock's System Tester (MSST) and TradeSim> 
        is like comparing night & day.> 
        >       MSST is 
  based on compound trades, and is buggy and difficult to use.> 
        >       MSST 
  doesn't take into account the trader's limited trading account.> 
        You cannot go on trading after your capital is 
  depleted.  MSST keeps>       on 
  backtesting after the most massive drawdowns.> 
        >       
  TradeSim considers entry & exit price slippage, testing on 
  restricted>       capital (i.e. real-life 
  trading), drawdowns, and thorough Monte Carlo> 
        testing and scatter plotting, just to mention 
  the more important>       points.> 
        The number of variables available in TradeSim 
  alone, would be>       difficult to replicate 
  in a charting package.>       > 
        Take a look at this TradeSim backtest 
  example:>       <A 
  href="">http://users.bigpond.com/prominex/Pegasus/Peg-Eqty.htm> 
        >       More 
  here:>       <A 
  href="">http://www.compuvision.com.au/index.htm> 
        >       
  >       jose '-)> 
        >       
  >       > 
        --- In Metastockusers@xxxxxxxxxxxxxxx, "ktlau" 
  <ktlau@xxxx> wrote:>       > I 
  was led to believe, thru reading of various posting, that> 
        > TradeSim's capability for backtesting is 
  very much advanced as>       > compared 
  with MS's enhance system tester.>       > 
  Can anyone elaborate the difference in capability between the two?> 
        >>       
  >>       > Tony







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