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PureBytes Links
Trading Reference Links
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There are no inbuilt profit functions in MetaStock, but the instant
equity & profit indicators from
http://www.metastocktips.co.nz/te_formulas.html
http://www.metastocktools.com/#metastock
... would be more versatile anyway.
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "LCH" <emglch@xxx> wrote:
>
> Thanks for all the replies. Yours and others.
>
> Actually i wish to know whether is there any in built function in
> metastock that plots the profit right away. Like it's a derivation
> from the equity line. DOn't think the function for plotting equity
> and the expandability to build on it are available to be called upon
> in metastock 8, do they?
>
> thanks again!
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@>
> wrote:
>
> Take a look at the simple profit indicator from
> http://www.metastocktools.com/#metastock
>
> "• System/signal indicators" section, "Profit curve" link:
> " Plots basic system profit % Long curve, as well as clean
> entry/exit signals."
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "LCH" <emglch@> wrote:
>
> Hi,
>
> I'm trying to come up with a profit trail formula on Metastock that
> doesn't rely on window period. I supposed setting the period box to
> zero doesn't work?
>
> I'm looking at a formula or custom indicator that is like the total
> equity or the profit of the current position. In this way, I will be
> able to say take profit when the profitable position came down by
> half from its highest profit position as long as the position is
> still open and not triggered to exit by the main system exit rules.
>
> WIll appreciate any form of advice. THanks!
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