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Joined: 10/6/2005(UTC)
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I'm having some problem with enhanced system testing and its stop-loss feature.
My Long Entry/Short Exit is C>mov(C,6,S) AND ADX(14)>20
My Long Exit/Short Entry is C<mov(C,6,S) AND ADX(14)>20
Stop Loss - 2%
Assumption:
1. Long
2. Got stopped out
3. LE/SE conditions are still valid
Metastock would still enter me in the Long direction after I got stopped out. Is there anyway I could ask Metastock to enter me in the reverse direction (Short Entry) following the stop-loss, or wait until the conditions for Short Entry are met.
I could use Cross function for MOV average and ADX, but are there any other ways to do it if I need to use other indicators that do not work with Cross function.
TQ very much guys. Appreciate any help that you can extend to me.
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Rank: Advanced Member
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Joined: 9/8/2004(UTC)
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Well you need to use a cross function in one of your conditions ...
For example :
My Long Entry/Short Exit is C>mov(C,6,S) AND Cross(ADX(14),20 )
Now if for some reasons you do not want to use the cross function, I'm sure you could do something using the latch function in the ForumDll ...
Patrick :mrgreen:
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Rank: Member
Groups: Registered, Registered Users
Joined: 10/6/2005(UTC)
Posts: 26
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TQ Patrick. Latch function is too complicated. I will settle with having a cross function in one of the conditions.
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Rank: Advanced Member
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Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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Newbie,
Don't think the latch is too complicated - it was written by Patrick to SIMPLIFY a terribly difficult problem in MS.
Ask for help where you need it. I think you will find the latch is an easy solution to your problem. There is always a way....
NEVER LET THE COMPUTER WIN - EVER!
wabbit :D
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