Trading Strategies from Active Trader Magazine


MetaStock 8.0 or latter is required for this system to scale into the trade and to limit the positions to 10% of the current equity. To create this system:

  • Select the Enhanced System tester from the Tools menu
  • Click New
  • Enter the name of the system
  • set the Position Limit to "limit the number of simultaneous positions to" 10
  • Select the Buy Order tab and enter the following formula:

    stochRSI=0 AND CMO(c,20)<-28

  • Set the enter size dropdown to "% of available equity"
  • Enter a 10 in the space to the right of the entry size
  • Select the Sell Order tab and enter this formula:

    stochRSI>90 AND CMO(c,20)>20