This is my code for EMA 2 cross EMA 5 as buy signal, (Cross (Mov (CLOSE, 2, E), Mov (CLOSE, 5, E))), but the scanning result does not meet the above requirememt.Please advise me. Thank you

 

here is a chart of research in motion using a 2 ema crossing over a 5 ema



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pds1:=Input("EMA1 periods",1,260,2);

pds2:=Input("EMA2 periods",2,260,5);

Ind1:=Mov(C,pds1,E);

Ind2:=Mov(C,pds2,E);

{* Entry conditions *}

entry:=Cross(Ind1,Ind2);

{* Exit conditions *}

exit:=Cross(Ind2,Ind1);

the above chart was created with vstpro from metastocktools.com

notice in the downturns you are at nearly 50% drawdowns of capital

Thank you Henry, this is a fantastic way to test systems!

---

Lai

Lai, 

When testing systems, the charts show a lot of whipsaws,which traders don't take into account.

The VSTPro from Metastocktools doesn't lie. There is no way to bs the results. What you put in is what you will get back. This is what Equis should have done with the enhanced system tester in the first place!

I have to praise Jose Silva for developing this add-on. It is by far the most impressive add-on that is available for the metastock user ever!

henry1224

Hi Henry, is this the code that can be put into "The explorer”? Please advise me. Thank you

yes you can use the code, but change the inputs to a hard number

cola could be long entry and col b the short entry

                 or

Ind1:=Mov(C,2E);

Ind2:=Mov(C,5,E);

Signal:=If(Cross(Ind1,Ind2),1,If(Cross(Ind2,Ind1),-1,0));

Signal

Signal will show +1 for entry and -1 for exit, in the filter section

Col A<>0

this will eliminate all equities that do not meet the exploration

same system traded on Dell



using only the MTF trend filter from VST Pro

Sorry to bother you again, I’ve tried the above code, it is workable. What if I just want to show the +1 for entry only and eliminate -1 for exit? Thank you

This formula gives you +1 for a long entry and -1 for an exit

Ind1:=Mov(C,2E);

Ind2:=Mov(C,5,E);

Signal:=If(Cross(Ind1,Ind2),1,If(Cross(Ind2,Ind1),-1,0));

Signal

to show only +1 for long entries all other points will show 0

Ind1:=Mov(C,2E);

Ind2:=Mov(C,5,E);

Signal:=If(Cross(Ind1,Ind2),1,0);

Signal

I would use the top formula! First reason,it shows more events, second if you keep building new indicators that only show 1 event, you will run out of room in the indicator builder. The indicator builder will only allow for 2000 indicators; 1 event X 2000 indicators =2000 events,

2 event X 2000 indicators = 4000 events  

hope you see my point

Thank you so much.

Hello Henry Greetings of the day.
I want to use the EMA 7/ EMA15 as an trading system i am using metastock but i have no knowledge of how to write formula where to write formula and where to back test the same of the data to see its result.
I want to use the system on daily bars

My Entry condition is EMA 7 cross Ema 15 Go Long 1tick above the High of the Bar Stoploss Low the previous bar

My Short entry condition is EMA 15 cross EMA 7 go Short 1tick blow the low of the Bar stoploss High of the previous bar

Trail sl or profit taking exit will be close basis break of EMA 15 for long pos. and EMA 7 for short position

kindly help with your expertize
Mohit

dow 7ema Xover 15ema long only