Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/12/2010(UTC)
Posts: 5
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Hello,
I have several questions about Tester System.
I would like to ask if is possible add indicator Williams R% to Tester System?Also how I can to set lots of contracts (size) in backtesting and if in System Editor category "Stops" mean´s setup of my Stop/Loss,Profit/Limit etc.?
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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I wold recommend that you study, then run an existing system tester to see what it does.
A lot of your questions will be answered just by playing around with one.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/12/2010(UTC)
Posts: 5
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I tried System Tester and this my questions are not in manual.This you could to know.
As to category "Stops" this I wanted only verify if I understand right.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 12/14/2009(UTC)
Posts: 140
Location: Austria
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Maybe this helps you further to understand the system tester:
https://www.metastock.com/customer/support/kb/faq.aspx?fc=134
and
https://www.metastock.com/customer/training/outline.aspx?c=1
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/12/2010(UTC)
Posts: 5
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Yes but I have not programming skills and in videos is not answer for this my question.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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To answer the specific questions:
add indicator Williams R% to Tester System? - yes you can
Also how I can to set lots
of contracts (size) in backtesting - doubt if you can.
"Stops" mean´s setup of my Stop/Loss,Profit/Limit - I would say yes it does..
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/14/2010(UTC)
Posts: 1
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vienna wrote:Maybe this helps you further to understand the system tester:
https://www.metastock.com/customer/support/kb/faq.aspx?fc=134
and
https://www.metastock.com/customer/training/outline.aspx?c=1
Thanks for sharing the link!
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/12/2010(UTC)
Posts: 5
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You can write me how I can add indicator Williams R% to System Tester?I don´t found this in MetaStock.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602
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You have to develop Williams %R into a buy or sell signal first. Something like:
Cross(willr(14),-50) for a buy signal. Then you can put that condition into the
system tester.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 10/12/2010(UTC)
Posts: 5
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Ok.I will order it from Equis.
I would like to ask if anyone to know how to set in System Editor in category "Stops" Stop/Loss and Profit/Limit?
I tried it several times but the backtesting don´t works according of my setup.I set for example Stop/Loss $100 and Profit/Limit $150 but in results was another values and each the position had another Profit/Limit or Stop/Loss.I tried several options of setup but it is still same.
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