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CraigWB  
#1 Posted : Friday, November 25, 2005 2:19:48 PM(UTC)
CraigWB

Rank: Member

Groups: Registered, Registered Users
Joined: 11/24/2005(UTC)
Posts: 17
Location: Chagrin Falls, Ohio USA

I've just performed a simple system test (see code below) whose goal was to examine how the tester dealt with position sizing. The concept is to apply 100% of the available equity when the stock/equity is above the 200 EMA line, and only apply 50% when it is below the 200 EMA line. Simple enough test (I thought)... BUY ORDER: [color=blue:dc796233fe]BuyMAF:= Mov(C,OPT1,E); Cross(C,Ref(BuyMAF,-1))[/color] Entry Size: % of available Equity Formula for Entry Size: [color=blue:dc796233fe]TrendMAF:= Mov(C,200,E); SizeQ:= C > Ref(TrendMAF,-1); If(SizeQ,100,50)[/color] However, when I examine the Orders, Positions, or Equity Tabs, it becomes obvious that no such positioning occurs--in fact, the only positioning was 100% of equity. Is this a capability that is available in MetaStock, or have I made an error?
DOC  
#2 Posted : Friday, November 25, 2005 3:29:37 PM(UTC)
DOC

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 9/9/2004(UTC)
Posts: 107
Location: Salt Lake City, UT

Try expressing the % of equity as a decimal value. If(SizeQ,.99,.5) That should do the trick. Doc
CraigWB  
#3 Posted : Friday, November 25, 2005 3:49:55 PM(UTC)
CraigWB

Rank: Member

Groups: Registered, Registered Users
Joined: 11/24/2005(UTC)
Posts: 17
Location: Chagrin Falls, Ohio USA

DOC, I just tested out your suggestion, and it works! Although the manuals and on-line help say decimal, I mistook what was said. Not to be picky when you're new at a piece of software, but I didn't find any examples. And given what is the normal input in the General Simulation panel, I assumed the entry was in decimal percentage, not decimal fraction. Thanks much, Craig
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