Re: [Metastockusers] A Little Twist On The MS v7 System Tester

[Kevin <kevin_barry@xxxxxxxxxxxxxx>]

Thanks, Martin. I'll give it a go.

Regards,
Kevin

At 17:15 28/03/2004 -0500, you wrote:
Kevin
I was looking for a setup much like yours but came up with this.
Test it on your favorite stocks and let me know what you think.
I use 
http://www.tradernexus.com/advancedstop/advancedstop.html 
for a stop
 
VOLUME>50000
AND
C>Mov(C,70,E)
AND
ProjOsc(14,14) 
AND
(Mov(C,20,E) >Mov(C,50,E))
AND
(Mov(C,15,VOL) >Mov(C,20,E))
AND
(RisingWindow() 
OR Hammer() 
OR BullHaramiCross()
OR LongLowerShadow() 
OR RisingWindow() 
OR 3WhiteSoldiers() 
OR EngulfingBull() 
OR EngulfingBull() 
OR Bull3Formation() 
OR PiercingLine() 
OR BullHarami())
 
  
Martin Blain
Burlington Ontario

----- Original Message ----- 
From: Kevin 
To:
metastockusers@xxxxxxxxxxxxxxx 
Sent: Sunday, March 28, 2004 11:19 AM
Subject: [Metastockusers] A Little Twist On The MS v7 System Tester


There has been some recent discussion about the relative system testing merits of MS v8 and TradeSim. A lot of traders might have neither but would still like to test swing-type strategies in MS v7.2 and below with all of its limitations. Here is how to do it.


Here is a typical swing trade setup in the system tester:


Enter Long:


Ref(H,-3) < Ref(H,-4) AND
Ref(H,-2) < Ref(H,-3) AND 
Ref(H,-1) < Ref(H,-2) AND
Ref(L,-3) < Ref(L,-4) AND 
Ref(L,-2) < Ref(L,-3) AND 
Ref(L,-1) < Ref(L,-2) 
AND
H > Ref(H,-1)
AND
Mov(C,20,E) > Mov(C,50,E)


(Here, we are trading a pullback in a rising trend)


Typically, we would have been lowering our limit buy order each day to a point or so above the previous day's high in order to catch the (inevitable) reversal of the pullback.


Modify the entry signal thus:


Ref(
Ref(H,-3) < Ref(H,-4) AND
Ref(H,-2) < Ref(H,-3) AND 
Ref(H,-1) < Ref(H,-2) AND
Ref(L,-3) < Ref(L,-4) AND 
Ref(L,-2) < Ref(L,-3) AND 
Ref(L,-1) < Ref(L,-2) 
AND
H > Ref(H,-1)
AND
Mov(C,20,E) > Mov(C,50,E)
,+1)


.....and in System Testing Options, set the entry price to High with a delay of zero.


When you run your test, you will enter your long trade at the previous day's high. A minor inconvenience is that the long entry signal on your chart will appear one day earlier than the actual trade.


Regards,
Kevin










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