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2/20-Day EMA Breakout System

System for: MetaStock

Views: 3029

Added: May 29, 2007

Rate this code:

4.2

1 ratings

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Tags: MetaStock, system

To create the 2/20-Day EMA Breakout System byDavid Landry in MetaStock for Windows, choose System Tester from the Toolsmenu.Now choose new and enter the following system test rules and options:

Code:

Enter long
Alert(Cross(Sum(L > Mov(C,20,E),2) = 2,.5),10) AND
HIGH >= Peak(1,Cross(Sum(L > Mov(C,20,E),2) = 2,.5) *
HHV(H,2),1) + .001{10 ticks} AND
BarsSince(Cross(Sum(L > Mov(C,20,E),2)= 2,.5)) < BarsSince(LOW <= Mov(C,20,E))

Close long

LOW <= Mov(C,20,E)

Enter short

Alert(Cross(Sum(H < Mov(C,20,E),2) = 2,.5),10) AND
LOW <= Peak(1,Cross(Sum(H < Mov(C,20,E),2) = 2,.5) *
LLV(L,2),1) - .001{10 ticks} AND
BarsSince(Cross(Sum(H < Mov(C,20,E),2)= 2,.5)) < BarsSince(HIGH >= Mov(C,20,E))

Close short

HIGH >= Mov(C,20,E)

Initial equity Points Only
Positions Long and short
Trade price Close
Trade delay 0

Code to difficult? Find somebody to help you with coding here.

Author: David Landry
Source: http://www.equis.com

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