|
PureBytes Links
Trading Reference Links
|
|
You'll find the files at the links below. Start
with Trade Equity LE or Trade Equity GV LE.
Regards
Roy
----- Original Message -----
Sent: Thursday, October 06, 2005 5:08 PM
Subject: Re: [EquisMetaStock Group] backtest using Explorer..and
Reference Function Problem
If they will help me in my system testing..of
course...
pls recommend website
thanks
--- In equismetastock@xxxxxxxxxxxxxxx,
"Roy Larsen" <rlarsen@x...>
wrote:
> Hi hml
>
>
> Have you looked at using the
Trade Equity indicators and
explorations for basic systems testing?
>
>
> Regards
>
> Roy
> www.metastocktops.co.nz
>
>
> ----- Original Message -----
> From: hml_nyc
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Thursday, October 06,
2005 7:50 AM
> Subject: Re: [EquisMetaStock Group] backtest using
Explorer..and
Reference Function Problem
>
>
> Hi
Roy,
>
> You have the answer before i got a reply from
Metastock. Here is
> what Mr. Golson from Metastock wrote:
>
> The explorer tool of MetaStock was not intended to provide back
> testing capability. It was intended to look for securities
meeting
> a given set of conditions. Usually, it runs on only
the most
recent
> data, however, as you know, this date can be
shifted to an earlier
> value. Regardless of what the date is, the
explorer does not load
> any data after that date. So if you had
data from the current
date
> back to 1980 but set the exploration to
calculate on the data
> 6/15/2004, then no data after 6/15/2004 would be
loaded. Since
this
> data is not loaded, the reference function
with a positive value
is
> undefined. As far as the explorer is
concerned, there is no data
> after 6/15/2004.
>
> If you
are trying to back test with the explorer then you will
need
> to
change all formulas. Use a negative reference on the buy
signal
> and no reference for the current price. This would equate to
> saying, if I bought this security x days ago, what would it be
worth
> now."
>
>
> Although not intended as a
backtesting tool, the Explorer can
> certainly can be used to backtest
data. "Specific date" in the
> Explorer Option is used for that
specific purpose (unless one is
> using the most recent date)
>
> As suggested to change my formula by using negative reference and
no
> reference for the current date, this will work..but it is not
the
> most efficient way. This will require me to count backward to
find
> out which date was the signal trigger date for the sole
purpose
> forcing an answer for current date. I would be better off to
> manually getting the closing price from another source.
>
> Equis can certainly improve its functionality and make Metastock a
> real backtesting software if this feature was available.
>
> HML
>
>
>
>
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen"
<rlarsen@xxxx>
> wrote:
> > Hi hml
> >
>
>
> > This is not a fault with MetaStock. When you set an
exploration
> date, all data following that date is excluded from the
exploration.
> You'll also find that running an exploration on
current data and
> using a positive Ref() function also returns an N/A
result. The
> simple reason is that you're trying to access data that
doesn't
> exist, or in the case of 1/2/04, data that you have stipulated
must
> be ignored.
> >
> > A positive reference is
only acceptable in the Explorer if it is
> offset by an equal or greater
negative reference. In other words
if
> your overall formula is
delayed (negative Ref()) by 20 bars from
> 2/1/04 then you can include in
that formula a positive reference
> that allows you to look forward by up
to 20 bars. You cannot
access
> data that occurs after what you
define as the current bar.
> >
> >
> >
Regards
> >
> > Roy
> >
www.metastocktips.co.nz
> >
> >
> > -----
Original Message -----
> > From: hml_nyc
> > To:
equismetastock@xxxxxxxxxxxxxxx
> > Sent: Wednesday, October 05, 2005
10:19 AM
> > Subject: [EquisMetaStock Group] backtest using
Explorer..and
> Reference Function Problem
> >
> >
> > I am using the Explorer to do backtest to earlier period.
>
>
> > Eg. In my Exploration, I use a "specific date" to test
my
> Explorer
> > on all my stocks from A-Z.
> >
> > I use 1/2/04 as my Specific Date to test my Explorer to see
which
> > stocks are selected as of 1/2/04.
> >
> >
I would like to use the Reference function in the same Explorer
to
>
> tell me what is the Closing price of the stock let say exactly
10
> > days later from 1/2/04
> >
> > Metastock Help
said to use
Reference(C,+10)
> >
> > But that does not give me the
answer. It tell me N/A
> >
> > Does anyone experience
the same problem?
> >
> > hml
> >
> >
> >
> >
> >
> >
> >
>
>
-----------------------------------------------------------------
--
>
-------------
> > YAHOO! GROUPS LINKS
> >
>
> a.. Visit your group "equismetastock" on the web.
>
>
> > b.. To unsubscribe
from this group, send an email to:
> >
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> >
> > c.. Your use of Yahoo! Groups is subject to the
Yahoo! Terms
of
> Service.
> >
> >
> >
-----------------------------------------------------------------
--
>
-------------
>
>
>
>
>
>
>
SPONSORED LINKS Business finance course Business finance online
course Business finance class
> Small business finance
Business finance small software
Business finance online
>
>
>
-------------------------------------------------------------------
-------------
>
YAHOO! GROUPS LINKS
>
> a.. Visit your group
"equismetastock" on the web.
>
> b.. To unsubscribe from this group, send an email
to:
>
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
> c.. Your use of Yahoo! Groups is subject to the
Yahoo! Terms of
Service.
>
>
>
-------------------------------------------------------------------
-------------
SPONSORED LINKS
YAHOO! GROUPS LINKS
|
|