Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 2/2/2007(UTC)
Posts: 367
Was thanked: 1 time(s) in 1 post(s)
|
Jongseon Kim's, "When and When not to Trade" he presents a trading
system based on the TRIX indicator. This indicator is built into
MetaStock and does not need to be defined in a custom formula. The
formulas that follow create an exploration, and a system test based on
his conditions.
To create this exploration, in MetaStock, go to Tools and select the
Explorer. Click New and enter a name ("TRIX system"). Then enter the
following formulas in the corresponding tabs:
TRIX system
COLUMN FORMULAS
ColumnA: gold X
tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(tx,sig)
ColumnB: Fall
tx:=TRIX(5);
Cross(0,ROC(tx,1,$))
FILTER
Formula:
colA OR colB
To create the system test, in MetaStock, go to Tools and select
System Tester. Click New and enter a name ("TRIX system"). Under the
corresponding tabs, enter the following formulas:
TRIX System
Enter Long:
tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(tx,sig)
Close Long:
tx:=TRIX(5);
Cross(0,ROC(tx,1,$))
Using the 4 conditions defined, it is also possible to create an
expert advisor. Below is a chart with such an expert attached.
To create this expert, in MetaStock, go to Tools and select Expert
Advisor. Click New and enter a name ("TRIX system"). Select the
symbols tab and click New. Enter the name of the symbol. Then enter
the formula. Click the Graphic tab and select the desire symbol, the
color you would like it displayed it and the text to be displayed. On
this screen, you also specify the location of the symbol and the text in
relation to the price bars. Below are the formulas and the selections
used in the example expert:
Name: Gold Cross
Formula:
tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(tx,sig)
Graphic: Buy
Arrow
Size: Medium
Color: Dk Yellow
Label: GC
Symbol
position: below price
Label position: below symbol
Name: Dead Cross
Formula:
tx:=TRIX(5);
sig:=Mov(tx,3,E);
Cross(sig,tx)
Graphic:
Sell Arrow
Size: Medium
Color: Dk Red
Label: DC
Symbol
position: above price
Label position: above symbol
Name: Bounce
Formula:
tx:=TRIX(5);
Cross(ROC(tx,1,$),0)
Graphic: Exit Sign
Size:
Medium
Color: Blue
Label: B
Symbol position: above price
Label
position: above symbol
Name: Fall
Formula:
tx:=TRIX(5);
Cross(0,ROC(tx,1,$))
Graphic: Exit Sign
Size:
Medium
Color: Dk Green
Label: F
Symbol position: below price
Label
position: below symbol
William Golson
Equis International
|
