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about Profitunity System (Chaos),fractal buy in system tester
Rank: Newbie
Groups: Registered, Registered Users Joined: 3/20/2007(UTC) Posts: 1
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i am a beginner on meatstock....pls help i want make a system tester on chaos
only price >fractal and RED line ,then buy in @ fractal point +1point, after that, price<red line sell it out @red line this is first step on chaos , so i make like that:
Chaos Long Fractal line: ValueWhen(1,H<Ref(H,-2) AND Ref(H,-1)<Ref(H,-2) AND Ref(H,-3)<Ref(H,-2) AND Ref(H,-4)<Ref(H,-2),Ref(H,-2));
in system tester:
buy order: F1:=ValueWhen(1,H<Ref(H,-2) AND Ref(H,-1)<Ref(H,-2) AND Ref(H,-3)<Ref(H,-2) AND Ref(H,-4)<Ref(H,-2),Ref(H,-2)); Fml( "Chaos Long Fractal line") > Fml( "Profitunity - PTG Alligator Red")
order type:stop limit Fml( "Chaos Long Fractal line")+1
Sell order: c< Fml( "Profitunity - PTG Alligator Red")
order type:stop Fml( "Profitunity - PTG Alligator Red") -1
so...only i check the buy in the Chaos Long Fractal line can show the right fractal, 1)i use the 5 min ,after some candlesticks bar the system will buy the older buy in point ,not the new one, why?
see the pic~ http://us.a2.yahoofs.com/users/43aa5b94zdf76da57/54a0/__sr_/4259scd.jpg?phYtcCGB1fx6SLnD
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 4/1/2006(UTC) Posts: 135 Location: Romania
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i dont have Profit Unity indicators/ttemplate/expert because i have deleted all ready made custom indicators in metastock first time i have installed but what can i say is that the buy order looks starnge fml(Chaos Long Fractal line")+1. Lets say for example that the last fractal were at the price of 2.23$ that means u will buy at 3.23$, is that really what u want? or u actually want to buy 1 pip above the fractal wich would mean 2.24$? maby thats the reason why u have the impression that the system does not enter above the last fractal?
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Rank: Newbie
Groups: Registered, Registered Users Joined: 9/17/2007(UTC) Posts: 4
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I am currently trying to backtest this system.
I am not sure we understood the rules of the system in the same way... anyway have a look on my earlier thread.
bye
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Rank: Newbie
Groups: Registered, Registered Users Joined: 2/5/2008(UTC) Posts: 1
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BUY ONLY IF FRACTAL IS ABOVE RED ALLIGATER AND GETS TRIGGERED AND VICE VERSA
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about Profitunity System (Chaos),fractal buy in system tester
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