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Re: [EquisMetaStock Group] System Tester



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Hi Notharold


In a word, no. The System tester has it's problems but many of them can be addressed by taking the time to figure out what is going wrong, then adopting procedures to steer clear of those issues. I've yet to see a complaint about the EST doing something wrong that couldn't be addressed and eliminated, and I've seen a few. Tom Sprunger has an excellent article in the files section that's a must-read for anyone with unresolved EST issues. Once you've read and digested that I'd be happy to discuss any remaining issues off-list.


Regards

Roy
www.metastocktips.co.nz

 
----- Original Message ----- 
From: notharold 
To: equismetastock@xxxxxxxxxxxxxxx 
Sent: Tuesday, April 25, 2006 11:09 PM
Subject: [EquisMetaStock Group] System Tester


I've used the very simple MA system below on The FTSE 100 and the S+P 
and neither produces the results one would expect from looking at the 
graph with the MA's plotted (I think the S+P got just one signal over 
20 years).  When I tried all the systems supplied with Metastock V 9.0 
I had a similar result:very few trades generated.  I know that the 
system tester isn't very good, but is it really that bad? 

Long
Mov(CLOSE,40,S)>=Mov(CLOSE,100,S) AND ref(Mov(CLOSE,40,S),-1)<=REF(Mov
(CLOSE,100,S),-1)  

Short
Mov(CLOSE,40,S)<=Mov(CLOSE,100,S) AND ref(Mov(CLOSE,40,S),-1)>=REF(Mov
(CLOSE,100,S),-1)








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