New to Tradesim - 2 Questions

[Clive]

Have had Tradesim for a while and now want to use it with Metastock V10. I am not that familiar with the MS language as am coming from Tradestation which I have a good understanding of.

1. What I need to know if it is possible to reference another security to determine if a trade can be entered. EG To use the XJO as a filter, say not in a downtrend, before entering a trade. Coming from Tradestation this is very easy to do by just inserting another data stream in the chart eg a 90 day MA of close of data2 is greater than a 90 day MA of close data2 30 days ago then whatever entry condition. This is simply written as
If average(c data2,90) >= average(c data2,90)[30] and c < c[1] then buy next open;{wording of data1 is not needed}
How would I do this in Tradesim/Metastock – Please be gentle I have not yet got my head around the MS language!


2. When running a Tradesim test on a portfolio of stocks, say the ASX 200, how would I set it up so that I am not using the increasing (hopefully) available capital/equity to determine number of shares to trade but only using the initial staring equity only. Yes I do understand what I am asking and no I do not have the capability to do Monte C test with my version of Tradesim.

[oztrader]

Hi Clive,

Question 1
I think you are using Paritech but have included Premium Data in case you have changed.

a) *Using directory path for Paritech (unless it has changed)*

{xjo Index Filter}
xjo:=
Security("C:\Shares\ASX\Indices\XJO",CLOSE);
xjoMA:=Mov(xjo,90,S);
xjoMA > Ref(xjoMA,-30)

b) *Using directory path for Premium Data*

{xjo Index Filter}
xjo:=
Security("C:\Trading Data\Stocks\ASX\Indices\XJO",CLOSE);
xjoMA:=Mov(xjo,90,S);
xjoMA > Ref(xjoMA,-30)


Question 2

You can use any Position Size Model but ensure the Pyramid Profits button is NOT checked.

Cheers,
Rob

[Clive]

Hi Clive,

Question 1
I think you are using Paritech but have included Premium Data in case you have changed.

Cheers,
Rob

Thanks yes you are correct still with Paritech

OK so this means that I can reference the XJO, or whatever, in my calculations/explorations. Can I do multiple references EG the XJO and DowJones ($DJIA in DataTools)

Regards

[oztrader]

Clive,

I haven't used Paritech for a few years now (the path I used in my example code came from an old computer) but if $DJIA (in DataTools?) is in the Paritech Data Directory then you should be able to access the Dow in the same way as the example above.

Rob

[Clive]

Clive,

I haven't used Paritech for a few years now (the path I used in my example code came from an old computer) but if $DJIA (in DataTools?) is in the Paritech Data Directory then you should be able to access the Dow in the same way as the example above.

Rob

I have DataTools in it's own directory but wil try it anyway shortly