Equis International Online Community: Active Threads

next Higher low

budfox45 — Sat, 21 Nov 2009 04:29:39 GMT

I need help in placing a buy arrow on the next higher low AFTER b:=if(L>A,1,L);

B would be a set up bar the next low thats higher then the high of b would be

the Symbol bar

Thanks

A:=(HHV(L,50) + LLV(L,50))/2;

b:=If(L>A,1,L);

SELL:=b=-1 AND Ref(b,-1)<>-1;

BUY:=b=1 AND Ref(b,-1)<>1;

buy-sell;

BUY:=b=1 AND Ref(b,-1)<>1;

;

Trading the RMO Short Term

Esplorare — Fri, 20 Nov 2009 21:06:29 GMT

Lately I've been experimenting with the RMO and after several weeks I find that it is not effective for short term intraday trading. Once confirming signals are indicated to enter a trade, about 65% or more of the move has already been made with a reversal likely to occur. I haven't tested it with the System Tester for different time frames, but from first hand live market trading experience it doesn't seem to be too reliable. It would be interesting to hear Rahul's comments about using it for short term intraday trading. I'd also welcome any feedback from anyone who can support or disprove my findings.

Layout - Saving line studies/text behaviour

geoluke — Fri, 20 Nov 2009 05:15:42 GMT

G'day,

I am a big fan of layouts, they are great for grouping stocks into portfolios etc etc.

However, I frequently find I am moving charts from one layout to another (say from a watchlist to a portfolio). If I want to keep the line studies/text that I have done in the one layout and transfer them to another layout I have to remove the chart from the layout A, save it as a smart chart, then open the layout B and add the smart chart. I find it's a huge hassle.

Ideally, I'd like to have a function (like a radio button) on the "edit layout" window that allows me to define the method for how a layout saves all the line studies/text etc either to the respective smart chart for each layout element, or to save the line studies/text for all the charts within the layout, which is how it currently works as I understand it.

Doing so would allow more functionality for those, like myself, who move charts between layouts regularly while not causing an inconvenience to those who might prefer the current method. This default layout behaviour could be set from the Tools>Options menu.

Cheers

The following runtime errors were encountered while executing the Buy Signal formula:11 Divide By Zero Errors.

C3PO — Fri, 20 Nov 2009 13:31:56 GMT

Could someone please help why I am having the following message in Enhanced System Tester?
"The following runtime errors were encountered while executing the Buy Signal formula:11 Divide By Zero Errors. "
I am using "PS StochRSI" to test the data... It sounds like a division to zero is happening during one of the calculation but I am unable to put my finger on where and what data is causing the problem. I have tested the data using The Downloader's Test utility, unfortunately it did not report any problem at all...

Thanks in advance.

VALUE OF INDICATOR AT A PRICE PEAK

abu_shabuasi — Wed, 18 Nov 2009 08:15:31 GMT

WHAT IS THE FORMULA TO FIND VALUE OF STOCHASTIC ( 11,3) AT PEAK (1,H,3)

I WILL BE THANKFUL FOR EVERY ANSWER

Jake Bernstein - Setup, Trigger, Follow Through

KellyC — Thu, 19 Nov 2009 16:32:41 GMT

Click here to view the archive: http://metastock.na5.acrobat.com/p52885221/

System Tester

felipe — Thu, 19 Nov 2009 16:10:55 GMT

Hello!

I read here that metastock 11 now uses 2 cores... well, my question is:
Is metastock fully multi-threaded? in other words, does the System Tester run in multiple cores?

Att,
Felipe

Problem with system tester

Icko — Thu, 19 Nov 2009 14:13:21 GMT

I updated my Metastock 10.1 to “D” version that was available on your web site.

Unfortunately “System Tester” is not working as it should. When I start some testing it always gives the same results for any test that I start and for any data period and instrument that I use.

Looks like back tester calculating only interest,

Previously I did more than 2000 back tests and never had that problem.

Downloading historical intraday OHLCV data PLUS technical indicators; Using MetaStock Explorer to scan...

RiskReward — Wed, 18 Nov 2009 01:01:47 GMT

Hi Everyone,

In the past I have used ESignal's Advanced Charts to export large amounts (6 months of 1-minute bars) of historical, intraday data for many symbols. Included with the data is the values of many technical indicators that I have chosen (for example, the 9-minute RSI, 34-minute ROC, etc.).

I am considering moving to MetaStock Pro because I would like to use MetaStock Explorer to scan the market roughly once every minute for securities that score higher than a certain amount. The score is a custom computation that relies on the same type of the technical indicators that I previously downloaded (i.e. the custom computation will use the 9-minute RSI plus other indicators).

I would like to know:
(1) Can I download such historical data using MetaStock/QuoteCenter (including custom technical indicators) and

(2) can MetaStock Explorer rescan the market (or a fixed set of symbols - like 1000) every minute?

I could still use ESignal to download the data, but I am not sure that MetaStock Explorer will compute the technical indicators the exact same way that ESignal Advanced Charts computes them. (I know that most technical indicators follow "standard" formulas, but you'd be surprised how much those computations vary from vendor to vendor). If Explorer computes indicators in a different way than ESignal, then my custom computation won't work correctly and the Explorer scan will be incorrect. That's why I want to make sure that Explorer uses the _exact_ same formulas that were used to compute the historical indicators.

Sorry for the long post, but I wanted to make sure I explained my problem clearly.

Thanks in advance,
John

Trailing stop loss in system tester

dhirbisht — Tue, 17 Nov 2009 06:33:32 GMT

I am testing system in system tester from last 6 month and still I am struck in the concept of trailing stop method used in metastock. I tried so many codes for trailing stop loss in system tester but the results vary. Can any one help me and tell about what exactly codes or concept used in trailing stop loss and initial stop loss in metastock system tester.

Has anyone tried TrendMedium Metastock add-on? Is it worth it?

darkod — Sat, 14 Nov 2009 11:32:40 GMT

Hi all.
I don't know whether this is the correct place but has anyone tried the TrendMedium Metastock add-on? Does it really improve results enough to be worth it?
I find their website quite "simple" for someone selling a serious TA software (add-on).

Transfering Metastock to new computer

Gregor — Tue, 17 Feb 2009 17:49:14 GMT

I was recently asked how to transfer Metastock to a new computer. Its a good question as the answer isn't in "help" or the "owners's user guide" manual. Here's the answer

Follow the steps listed below to move your custom work in Metastock to a new or different computer:

1. Metastock Data Files: The best way to move Metastock data files is to use The Downloader to copy them. Choose Tools/Copy in The Downloader. Click 'Browse' to locate the folder, highlight all the names in that folder using the Ctrl or Shift keys and then click 'Copy'. You'll then be asked for the destination folder. If the old computer is connected to the new computer, browse for a location on the C drive on the new computer. Otherwise, copy them to a floppy or Zip Disk (Zip Disk would be ideal) and then follow the process in reverse on the new computer to copy them from the disk to the C drive. This process will also copy your smartcharts (check 'Copy Smartchart' on the 'Copy Securities' dialog that prompts for the Destination Folder).

2. Custom formulas that you have created (Explorations, System Tests, etc.): Use the Formula Organizer to export the formulas to the new computer (if the new computer is connected to the old one), or to a floppy or Zip Disk. To access the Formula Organizer, open any of the Advanced Tools in Metastock and click 'Organizer'. Follow the on-screen instructions to export to the new computer or to export to a disk. Once the export is complete, follow the process in reverse on the new computer to import from the location where the formulas were exported to.

3. Custom charts (will have an extension of .MWC) and Layouts (will have an extenstion of .MWL): These can be copied using Windows, however, the Metastock data files from which they were created must be in the same path on the new computer as they were on the old one. For example, if you saved a chart file named IBM.MWC in C:\Program Files\Equis\Metastock\Charts using data stored in C:\Metastock Data\My Data on the old computer, you must copy the data into C:\Metastock Data\My Data on the new computer. The same is true for layouts. The data from which they were created must be in the same place on the new computer as it was on the old. If it won't be feasible to copy the data to the new computer into the same path, save the charts and layouts on the old computer as templates (which can be applied to data in any location), then copy the templates (see below) to the new computer and apply them to the desired symbols.

4. Templates: Metastock Templates will have an extension of .MWT and can be copied to the new computer using Windows. They can be stored anywhere on the hard drive, but the default location for templates is C:\Program Files\Equis\Metastock\Charts.

System Tester problem

Fenerbahce — Tue, 17 Nov 2009 20:03:40 GMT

Hello, I have a simple question and i hope there is a simple solution of this problem.
When system tester calculating the points, if my stoploss points is reached at the next day open gap, The ST buys to cover from open price of the bar. But if its a gap bar you can never stop at the opening price as you know.. i want to calculate if there is a reverse gap agains my position i want to calculate it from close not the open. I know how to use "trade execution" settings but its not solve my problem.. anyone could help me please?

thanks.

Eurocurrency FX symbols

plainsman — Sat, 14 Nov 2009 15:34:22 GMT

The Datalink Symbols for Euro FX must not be correct. I have tried them all and get no data except for the crosses with "R" as the 1st letter work but I need the straight currency. CME's symbol is EC but this also does not get any data. I had similar problems with Gold. Can anybody enlighten me. Thanks

License Manager Internet activate / de-activate problem

chickenceo — Fri, 13 Nov 2009 04:07:23 GMT

I have my Metastock 10.1 (upgraded to 10.1c already) installed on both my laptop (Vista) and desktop (Vista) at home. What I am trying to do it to bring the license with me to my office laptop (XP) everyday.

I de-activate my home laptop license successfully, but I simply cannot activate my metastock in the office. It keep saying "The License Number has already been used". I have checked and the license on my home laptop has already been returned.

I called Metastock technical support and so far we cannot resolve the issue yet.

I know I can move the license manually, but internet activation/deactivation is an easier method.

Can anyone help?

Make Mestastock trading system friendly

Gregor — Tue, 17 Nov 2009 17:32:25 GMT

From the writer of “Transferring Metastock to new computer” post

I have an excellent idea for a development for Metastock and I it would be great to get some feed back to see if anyone else out there agrees with me.

Do you have to a trading system, do you have to manually change parameters or variables for each security you want to trade, found the input function isn’t the answer? That my world, a trading system, 3 variables, 8 formulas and mind numbing 24 changes per security. Imagine a world where you open your Metastock, click into one box where all these change can be made from one location, but apply to all the formulas in your trading system. Have I sold this idea?

My story; I have programmed a trading system for LONG and SHORT trading which adds up to 2 custom indictors and 6 expert advisors. Why so many? It breaks down like this, for long trading: one custom Indicator for setup signals then Expert Advisors for Entry, Exit and Stop; the same number again for short trading. The important point here is I have 8 separate formulas.

The problem is when wanting to trade I have to manually set 3 parameters (variables) within each formula for each security, that’s 8 multiplied by 3 making 24 changes. There has to be an easier way to do this?

What if from one location I open one box that allows me to make the change from that box which then would apply to all 8 formulas. This would be some kind of editor which I could tag specific lines of code from select formulas in my trading system held in an Expert advisor, Explorer or on the Custom Indicator List. The possibilities for this idea are vast and should be a must do for Equis.

If you’ve got this far in reading this why not leave me a comment and tell me what you think

Gregor

MS11 on Windows 7

kardenmiller — Tue, 17 Nov 2009 14:48:51 GMT

Just upgraded my Mac / Snow Leopard / Parallels system from XP to Windows 7. To my amazement the System Tester speed appears to have doubled. Not what you expect out of Microsoft these days. Nice surprise. (Now I can fill those 2 GB limit ST_DATA.MDB twice as fast before having to delete them and start over, joy!).

/k

Metastock11 & Mac OSX Snow Leopard?

GeorgeA — Sun, 08 Nov 2009 15:31:06 GMT

Hi Everyone,

This is my first post to the MS Forums, but I've been an MS user since MS8.

I'm experiencing a problem that's pretty frustrating, though I can't say I didn't ask for it. I'm trying to emulate MS11End-of-Day using a Mac Pro running the Snow Leopard OS (Mac), using VMWare Fusion 3 as the emulator.

Much to my chagrin, it doesn't work. Some data points here:
MS9 worked under Fusion 2.x with no problems at all, same Mac machine.
The Equis Downloader *works*, but the MS11 application does NOT, using Snow Leopard. Now that's weird to me.
Boot Camp (it's an Intel-based Mac) has no problems with the software.
I heard rumors that Parallels (another emulator for Mac OSX) may have a chance of working, just I have never heard anyone confirm that it does.

I'm just wondering -- has anyone had success using Metastock 11 with an emulated Windows environment on a Mac? Any help would be greatly appreciated.

Regards,
George

Pivot point forumula

AshBird — Sat, 14 Nov 2009 13:10:57 GMT

Hi Guys and Gals, first post. I'm looking for a pivot point formula to use on a weekly and daily chart. Can anyone assist?

Happy trading,
AshBird

Ikon Fx Matrix platform!!!

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How to get rid of the same value

Nathan — Tue, 17 Nov 2009 02:14:55 GMT

Hello,

I build a simple indicator as follows:

var1:=ValueWhen(1,H*0.909>PREV,H);
var1

It plots the H which is >= 10% growth of the previous H and it counts from the first bar.

But if I use it in System tester as follows:

{Buy signal:}
var1:=ValueWhen(1,H*0.909>PREV,H);
var1=H

If there are more than one H equals to var1, the system will activate the buy as well, which it should not.

Anyone can help me with that to get rid of those values, just make the tester to follow the indicator.
Thanks.

Regards,
nathan

simultaneous positions in system test

Henning — Mon, 16 Nov 2009 19:05:56 GMT

Hello,

a short question.

If I uncheck "limit number of simultaneous positions" (means up > 65000 open positions) in system test, does it mean that every position runs in its own environment? Obviously not?! "Sometimes", if one position meets exit condition, also the second position is closed, even it gets an own condition (e.g. win target). Using MS 9.1 EOD

Thank you

Henning

11/17/09 - Trading a sideways market. Martha Stokes

KellyC — Mon, 16 Nov 2009 18:11:11 GMT

Click here to view the archive: http://metastock.na5.acrobat.com/p21284217/

IKON FX Prime Platform

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Exploration combining CCI and MACD

tonya030 — Sat, 14 Nov 2009 02:35:41 GMT

I would appreciate if anyone can help me put together an exploration using the CCI and MACD. I am ok doing an expl. for each one and even combining them, but they are not giving me what I really want and God only knows I have tried but when it come to putting it together I am baffled. But anyhow, here is what I would like the exploration to do:

Find stocks where the CCI is below -100 and rising and the MACD is below 0 and increasing positive from previous bar.

Any help immensly appreciated; in the meantime I will go back into the book or find some tutorial stuff on the net.

Tonya030