Lazy Gainer

This system test is designed to use the Security Data function, which is only available in MetaStock version 8.01 or later. To enter the formula into MetaStock:

  • Select the Enhanced System tester from the Tools menu
  • Click New
  • Enter the name of the system
  • select the Buy Order tab and enter the following formula:

    hv100:=Std(Log(C/Ref(C,-1)),100)*Sqrt(365)*100;setup:=Security("ONLINE:SPY"
    ,hv100)<20 AND hv100<20 AND c>mov(c,70,e);sum(setup,5)=5

  • select the Sell order tab and enter this formula

    Simulation.CurrentPositionAge=250

The above formulas were written to use online data. They can be modified to use data stored locally by replacing the text ONLINE: with the path to the local data. For example, if the local data was stored in the folder C:\ MetaStock Data, the second line of the Buy Order would look like this:

setup:=Security("C:\ MetaStock Data\SPY",hv100)<20 AND

Please note that the path entered must be correct or the formula will return errors.

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