System Tester is unique amongst the exported files. The main System Tester file is ST_DATA.MDB.
However, when you export items from the System Tester, they are put into a file MS##PRFT.DTA where ## is the version of MetaStock. When running an Import, the Formula Organizer is looking for this MS##PRFT.DTA file, not ST_DATA.MDB.
What you might be able to do is move your current ST_DATA elsewhere, put the 10 ST_DATA in the MetaStock folder. Launch MetaStock and use the "Organizer" from within any of the formula tools to Export your system tests to a location. After this, close MetaStock, put your version 11 ST_DATA back into the MetaStock folder, and then use the "Organizer" to import this newly exported information.