Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/27/2005(UTC) Posts: 29
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I have designed two custom indicators, a long entry and an exit to that long position. When I plot them in their own windows the signals seem to work. IE: A value of 1 when my criteria are met for both the entry and exit position. I then created a new sytem and used <function> to place the long entry indicator in the long entry formula space and did the same thing for the exit. I ran the system and it only produced one trade according to the system tester. When I plotted the results on the chart, I can see that there are many signals that the system tester didn't act on. I have the custom indicator windows above the stock chart and they are sending positive (Value=1) signals but there are no corresponding buys or sells. Anyone know what I could be doing wrong?
Thanks.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 10/29/2004(UTC) Posts: 1,394 Location: Glastonbury, CT
Was thanked: 2 time(s) in 2 post(s)
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Post your code, and we can then find and fix any mistakes!
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/27/2005(UTC) Posts: 29
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Hi Henry,
Here is my long entry:
Cross(C, (Ref(HHV(H,100),-1))) AND ADX(14)<25 AND Mov(V,3,S)> Mov(V,12,S)
Here is my long exit:
Cross(Ref(LLV(L,30),-1),L)
Like, I said, works fine as an indicator but not as a system.
Thanks in advance.
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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Post your system tester options ...
Are you doing a points only test or an equity test etc ...
Patrick :mrgreen:
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/27/2005(UTC) Posts: 29
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Patrick,
I've been doing equity tests.
thnx
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Rank: Advanced Member
Groups ready for retrieval: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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For testing purposes switch to points only tests, check that the signals match ... Then run the equity test ( Change your percent of equity to 95%). I explained the reason why somewhere ... :D
Patrick :mrgreen:
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/27/2005(UTC) Posts: 29
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Thanks Patrick, when you asked me whether I was using point or equity it led me to the answer. It seems if the first trade is negative and you have it set to commit 100% to each trade it stops trading when the equity falls below the starting point. I verified that using points worked and also when I committed percentage to each trade it also worked.
Thanks, and great site!
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