Backtesting help needed

Damien — Thu, 18 Jun 2009 13:23:16 GMT

Hello,

I am new to MetaStock and I don't know how to create a backtesting script....It consists of 2 moving averages cross over, one stop loss and one profit stop. Can someone please help me develop a back testing script as per below?

Entry:

Long-MA(fast) crosses above MA(medium) & close price above MA(slow).Open on the next bar at market open..

Short-MA(fast) crosses below MA(medium) & close price below MA(slow). Open on the next bar at market open.

Exit:

Long - MA(fast) crosses below EMA(medium). Exit on the next bar at market open.

Short- MA(fast) crosses above EMA(medium).Exit on the next bar at market open.

I need to be able to set up the values for all 3 moving averages (ie 10 bars, 30 bars, 200 bars)

Stop loss:

Long- N x ATR(X) below entry price

Short-N x ATR(X) above entry price

ATR is calculated on entry signal day (1 bar before entry).

Profit stop:

Long- M x ATR(X) above entry price.

Short- M x ATR (X) below entry price

ATR is calculated on entry signal day (1 bar before entry).

I need to be able to set up values M, N and X. M & N multipliers containing 2 decimal points. X is a whole number determining the period over which the ATR is calculated (ie if N =2 & X = 20, that means I need the value for 2xATR(20), or 2x ATR over 20 bars.

Time stop: close position K bars after open – using the open price on the Kth bar after entry.

I need to be able to set up the number K – a whole number.

Regards

Damien