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Two things:
1. Business is Business
2. Money talks, BS walks
As the 4th of July approaches, I want to highlight two points that have made
the USA the only Superpower. The third and fourth points are the 2nd
Amendment and capital punishment. I won't go into those here. I believe
Metastock offers good value.
Dan
>From: "wavemechanic" <wd78@xxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Re: MAJOR FLAW in SYSTEM TESTER
>Date: Sat, 30 Jun 2001 08:21:13 -0400
>
>MessageWhat is really neat about the Equis approach to bugs is that they
>fix the bug in the next version and then charge you to upgrade. A
>perpetual motion machine.
> ----- Original Message -----
> From: Michel Amelinckx
> To: metastock@xxxxxxxxxxxxx
> Sent: Saturday, June 30, 2001 5:26 AM
> Subject: RE: MAJOR FLAW in SYSTEM TESTER
>
>
> At least one person who is not a fraet to tell the truth. In fact Equis
>is spending much more time in publishing their own so called Performance
>Systems and their Data on demand than they are fixing the TONS of bug or
>flaws.
> M.
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx] On Behalf Of Lionel Issen
> Sent: zaterdag 30 juni 2001 01:40
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: MAJOR FLAW in SYSTEM TESTER
>
>
> There are several flaws in the system tester.This has been discussed
>here, but Equis wont/can't correct the problems.
> Lionel Issen
> lissen@xxxxxxxxxxxxxx
> ----- Original Message -----
> From: neo
> To: metastock@xxxxxxxxxxxxx
> Sent: Friday, June 29, 2001 1:14 PM
> Subject: MAJOR FLAW in SYSTEM TESTER
>
>
> I called MetaStock support today because I was curious about some
>odd results with the System Tester (ST). I then tested it myself to verify
>it. THERE IS A MAJOR FLAW IN THE SYSTEM TESTER.
>
> If one places a close long and a close short position and both the
>close and the entry in the opposite direction are hit on that day, the
>position will be closed but THE OPPOSITE POSITION WILL NOT BE ENTERED. It
>is even worse if you choose to close on open the following day. The
>opposite signal will not be allowed to trigger until the following day.
>
> To test this I used the following simple system:
> Enter Long: Cross(Mov(C ,3 ,S ), Mov(C ,18 ,S ) )
> Close Long: Cross(Mov(C ,18 ,S ), Mov(C ,3 ,S ) )
> Enter Short: Cross(Mov(C ,18 ,S ), Mov(C ,3 ,S ) )
> Close Short: Cross(Mov(C ,3 ,S ), Mov(C ,18 ,S ) )
>
> Because the Enter Long & Close Short as well as the Enter Short &
>Close Long are identical, one would expect to show at every point both a
>closing of one position and an opening of the other. This does not happen!
>
> The same is true for Experts. If both a Close and an Enter are
>triggered on the same day, only 1 symbol will be displayed. They are
>displayed in order from top down.
>
> I suggest two actions. First, copy the message above and send it to
>MetaStock Feedback at:
>
> suggestions@xxxxxxxxx
>
> Second, until this is fixed, test only longs or shorts by themselves
>unless you are using a reversal system where you are not using Close.
>
> Below is information from the MetaStock Help file.
>
> neo
> ________________________________
>
> This is the page in MetaStock help file:
>
> The System Editor Dialog
>
> The System Editor dialog lets you name the system test, store notes
>regarding the system, and define the four trading rules.
> The trading rules use the formula syntax explained in the MetaStock
>formula language section (see What is the MetaStock Formula Language?).
>This syntax is very similar to the syntax used to enter formulas in
>spreadsheets. Each trading rule may contain up to 1024 characters. If
>you are unfamiliar with the MetaStock formula language, you should see
>What is the MetaStock Formula Language?.
>
> Remember that a trading system can be in one of three different
>states: long, short, or out.
>
> When out, simple interest is earned at the rate specified in the
>System Testing Options dialog (see System Testing Options).
> You use the four tabs to select which rule to display and edit.
>
> Enter Long. This rule specifies when the system should buy long. A
>long position can only be entered when the system is short or out. When in
>a long position, this rule is ignored.
>
> Close Long. This rule specifies when the system should close a long
>position. When in a short or out position, this rule is ignored.
>
> Enter Short. This rule specifies when the system should sell short.
> A short position can only be entered when the system is long or out.
>When in a short position, this rule is ignored.
>
> Close Short. This rule specifies when the system should cover
>(i.e., close) a short position. When in a long or out position, this rule
>is ignored.
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