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Breakout Range2

System for: MetaStock

 

 

Views:  2060

Added: January 14, 2007
 
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Tags: MetaStock, system
 


To create the system, select System Tester from the Tools menu, click New and enter the following code.

Note: to remove the optimization replace OPT1 in the formula and in the Inactivity stop with your desired look back period.

Cheryl C. Abram,
Equis International, Inc.

 

 

 



Code:

Breakout_Range2 System
Enter Long:

lb:=OPT1; { number of periods in look back }
event:=H > HHV(Ref(H,-1),lb);
If(event AND (Ref(BarsSince(event),-1)>=lb),1, 0 )

Stops:
Inactivity:
Positions: Longs
Method: Percent
Minimum Change: 10000
Periods: OPT1

Optimization:

Name: OPT1
Minimum: 2
Maximum: 20
Step: 1


 




 

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

 



Author: Mark Vakkur
Source: http://www.equis.com

 

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