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Re: System with two securities



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Rick,

I am interested in why you are using the fund charts rather than the NASDAQ
chart?

Thanks
Holland
----- Original Message -----
From: "Rick Parsons" <RickParsons@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, June 29, 2001 9:03 AM
Subject: RE: System with two securities


> Thanks, Dave!
>
> This situation came up because I was interesting in UOPIX and USPIX.  One
> cannot sell short mutual funds however, USPIX is the "going short" version
> of UOPIX but it has to be "bought", not sold short.
>
> For those of you who are not familiar with these Profund funds, these two
> mimic the Nasdaq 100 but by using futures and leverage move twice as much
up
> or down.  If you own these funds directly at Profunds there are no fees or
> exchange limits to switch between funds.  These funds can also be found in
> the larger brokerages such as Fidelity but you may be subject to exchange
> limits and commissions.
>
> http://www.profunds.com/index.html
>
> Rick
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Dave Nadeau
> Sent: Friday, June 29, 2001 1:26 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: System with two securities
>
>
> Rick,
>
> The answer is Yes and No.  Yes, you can build a system in Metastock to do
> this, but I suspect you would like to do that in the system tester.
> Unfortunately, that can't be done.
>
> You'd have to write code in Formula Language to create an Equity Line
> indicator that you'd plot on that chart of the two securities.  You'd need
> to write IF statements that would say, if system1 sends a trade signal
then
> Cumulate the close of security1 - previous close of security2 for the
> duration of the trade else if system2 send a trade signal then Cumulate
the
> close of security2....
>
> The sum of those would be your equity line.  Obviously, this is not a
> trivial task, but it can be done.
>
> Dave Nadeau
> Fort Collins, CO
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Rick Parsons
> Sent: Thursday, June 28, 2001 2:44 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: System with two securities
>
>
> I know I can place two securities on a chart.  But is it possible to build
a
> system where the Enter Long and Exit Long logic will select either one
> security or the other security to buy or sell?
>
> Thanks,
>
> Rick
>
>
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