Welcome Guest! To enable all features please Login or Register.



Go to last post Go to first unread
#1 Posted : Tuesday, November 11, 2008 4:36:31 PM(UTC)

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 2/2/2007(UTC)
Posts: 367

Was thanked: 1 time(s) in 1 post(s)

To create the Candlestick Filtering system, by Rudy Teseo, in MetaStock 6.52 or higher select System Tester from the Tools menu, click New and enter the following code:

Name: Candlestick Filtering

Enter long:
     Enter := (EngulfingBull() OR MorningStar() OR Hammer()) AND MO(14)>0
     AND RSI(14)>50 AND RSI(14)<70;

     Ref(Enter,-1) AND H>Ref(H,-1)

Close long:
     Exit := EngulfingBull() OR EveningStar() OR DarkCloud() OR RSI(14)<50 OR

     Ref(Exit,-1) AND L>Ref(L,-1)

Click OK, then click Options, on the Testing page under Trade Price set the Entry Price to High and the Delay to 0, set the Exit Price to Low and set the Delay to 0.

Users browsing this topic
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.