No Name 1 System for: MetaStock

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Added: March 04, 2007

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Tags: MetaStock, system

Hei!
Anybody out there kindly help me with the forulas for this following trading rules:

Enter long:
1.Todays close have to be higher than yesterdays high.
2.Todays close have higher reading than 5-days SMA with 1 day horizontal shift.
3.Todays Stochastic (%K, time periods=5, smoothing periods=3 & dobbel smoothing periods=3) must have higher readings than yeasterdays.

Close long: (only one rule)

1.To days close is lower than the low of the highest bar since enter long.

No rules for short selling.

Thanks!

Svein Andersen
Bnesheia 48
5062 BNES
NORWAY

I have tried to program what you wanted though I was unsure of some of your definitions.
The result is really great! I have tested it with some of the most important stocks in the Swedish market and it works splendidly. Maybe it´s not exactly what you asked for but here it is (and it works!!):

Code:

Author: Svein Andersen
Source: http://purebytes.com/archives/metastock/

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