Trading Strategies from Active Trader Magazine
Experimenting with Exits
Because this system uses an entry signal that can be true for several bars in a row, MetaStock version prior to 8.0 can not accurately count how long the trade has been active. Therefore, the formulas for this system are only valid in the MetaStock 8.0 and later. To create the system test, open the tester under the Tools menu. Select new test and enter the following formulas in for the specific orders.
Buy Order:
h>ref(hhv(h,55),-1)
Sell Order:
x:= Simulation.CurrentPositionAge;
l<ref(llv(l,55),-1)*((0.1*ATR(20))*x)
Contents
- 100-20 Channel Breakout System
- 4-Week Breakout
- 60-minute Breakout System
- Another Oddball System
- 'Blood in the Street' System
- CMO StochRSI
- Commodity Channel Index System
- Experimenting with Exits
- Glitch Index
- ITC – Weekly
- Keltner Classic System
- Lazy Gainer
- MAMA-FAMA
- May-October System
- MFI Timing System
- Monthly Breakout
- One Night Stand
- Opening Range Breakout
- PGO System
- QQQ Crash
- RSI Trend System
- Trend with Pattern Entry System
- Triple Screen SMA System p44
- Triple Screen SMA System p54
- Two-bar Breakout System (futures and options)
- Two-bar Breakout System (stocks)
- WMA Crossover
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