Hi Pieter,

In TS do you mean trades processed or triggered?

Are you using the Enhanced System Tester and then exporting certain data to TS or are you testing in TS?

Regards

oz

Pieter,

Are you prepared to post your code on the forum (PM is an alternative)?

I also have TS so now understand your process.

When you look at the Trade Database where there is an increase in the volume of trades are there any trades that enter twice on the same day for the same ticker.

Rob

Pieter,

I think, with the emphasis on think, that I've got the answer!! [;)]

Would I be correct in saying that in the Trade Preferences window you have left Pyramid Trades unticked? If this is the case then whilst you are in a trade no other entry triggers will be considered. To confirm this is the case, tick Pyramid Trades and you should also get a higher number of trades.

If this doesn't resolve the issue please let me know.

Acknowledge the frustrations but enjoy the challenge........there is plenty of both in the path your taking .

Regards

Rob

Pieter,

Quote

"MS is saying more shares are passing my criteria when i have a stop in place. I exported both trade logs to excel and place one next to the other for the first 24 trades exactly the same. However in my trade log with stops it said FLT was triggered on the 2/1 and entered on the 3/1 i went and checked and it did pass the criteria however the trade log with no stop never mentioned this trade. This continues with stops in place roughly every ten trades i have checked 25 of them and they are all legit trades."

This is exactly what I would expect. Lets review what you have coded initially where the probability of an exit is minimal (initial stop = $0.01 or profit stop = LongEntryTrigger+$400.00) and unless you are prepared to Pyramid Trades you will not receive a LongEntry Trigger to enter a new trade until the LOW = $0.01 or the HIGH = LongEntryTrigger+$400.00.

Your second alternative (LongInitialStop = LongEntryPrice - 2 * ATR(30)) will have you exiting trades more regularly and hence meet the criteria to enter trades more frequently.

Come back with any problems.

Regards

Rob

Hi Pieter,

Why be sorry, as we all know, it takes a lot of guts to put your hand up and say I don't get it!

Hopefully I can offer an explaination that resolves this issue for you.

As I see it we can separate the process into 3 sections making the number of Trades Processed easier to follow:-

1) MetaStock - MS

Calculates every Entry Trigger, Entry Price, Initial Stop, Exit Trigger and Exit Price.

2) TradeSim - TS (Part1 - Trades Processed)

Armed with all the data from MS, TS creates a Trade Database of all the potential trades available (eg. if MS can not calculate the value of an InitialStop, even though an entry has been triggered, the trade will be rejected).

3) TradeSim - TS (Part2 - Trades Taken)

A separate issue!

MetaStock is doing exactly what is required but TradeSim is manipulating the data into completed trades from that point on and is controlling when new trades will be taken albeit on the instructions (code) you supply.

There is every possibility that I still haven't explained this in satisfactory terms as this is not one of my strengths but Pieter I am more than happy to phone you if you PM me your number.

Out of interest this is the code I am using for the two system variations for FLT if you want to run them and compare results but please note the different names ("Test Setups" & "Test Setups 2"):-

{Code with fixed InitialStop}
LongEntryTrigger:= Cross(Stoch(10,3),Mov(Stoch(10,3),3,S));
LongEntryPrice:= O;
LongInitialStop:= 0.01;
LongExitTrigger:= H >= LongEntryPrice + 400;
LongExitPrice:= O;

ExtFml("TradeSim.Initialize");
ExtFml("TradeSim.SetStartRecordDate",1,1,1996);
ExtFml("TradeSim.EnableDelayOfEntryByOneBar");
ExtFml("TradeSim.EnableDelayOfAllExitsByOneBar");
ExtFml("TradeSim.EnableProtectiveStop",0);
ExtFml("TradeSim.UseClosingPriceAsStopThreshold");
ExtFml("TradeSim.SetTimeStop",78);
ExtFml("TradeSim.RecordTrades","Test Setups",Long,LongEntryTrigger,LongEntryPrice, LongInitialStop,LongExitTrigger,LongExitPrice,START);

{Code with variable InitialStop}
LongEntryTrigger:= Cross(Stoch(10,3),Mov(Stoch(10,3),3,S));
LongEntryPrice:= O;
LongInitialStop:= LongEntryPrice - 2 * ATR(30);
LongExitTrigger:= H >= LongEntryPrice + 400;
LongExitPrice:= O;

ExtFml("TradeSim.Initialize");
ExtFml("TradeSim.SetStartRecordDate",1,1,1996);
ExtFml("TradeSim.EnableDelayOfEntryByOneBar");
ExtFml("TradeSim.EnableDelayOfAllExitsByOneBar");
ExtFml("TradeSim.EnableProtectiveStop",0);
ExtFml("TradeSim.UseClosingPriceAsStopThreshold");
ExtFml("TradeSim.SetTimeStop",78);
ExtFml("TradeSim.RecordTrades","Test Setups 2",Long,LongEntryTrigger,LongEntryPrice, LongInitialStop,LongExitTrigger,LongExitPrice,START);

Regards

Rob