Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
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Lets call it multiple systems on one expert!
In the expert function itself, there are several features that can be used to create Multi systems into one expert.
trend section, using the ribbon feature, system 1 can be designed.
Highlight section, system 2 can be used to color the bars dark green for a long signal, lime green for long position,dark red for a short signal, red for a short position and blue for neutral or out of position
symbol section, system 3 and beyond can be created. There is a little caveat though. Metastock will allow only one highlight, one symbol to be signaaled on any bar,so you will have to prioritize them in the order of least occurance.
If you created a highlight
long where the condition C>Mov(C,50,S)
short where the condition C<Mov(C,50,S)
Long 2 where the condition RSI(14)>50
Short 2 where the condition is RSI(14)<50
now if all of the highlights are checked the first long condition would have priority, followed by short, then long 2 and lastly by short 2
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