gawdib
26th December 2003, 04:22 PM
Usually, I have decided on a good system. then I turn this into an expert to guide entries and exits. HOwever I am unsure if the expert system is still valid when the data generated by the tradesim analysis says things like the following:
1. hundreds of duplicate trades on the same trade days' bar,( yet the expert does not indicate duplicates.
2 6000 trades found from the explorer step, yet only 900 trades taken in the trade analysis.
( so when the expert says to take a trade, how do I know which one to take?)
3. trades are taken randomlly ( again which ones to take?)
4. I am not clear how to turn the tradesim codes, in the explorer of metastock, back into an expert to guide practical daily monitoring of the stock as to when to enter and exit.
thank you
Regards, Geoffrey
ps
according to metastock, when I use a "extfml" it will call in something that I have made and named that appears in the indicator list. I cannot tell from the trems used in the examples, whether those terms mean something outside of metastock or what? Are you just making them up in the := ; format to be used later in the formula? If your extfml's are not in the indicator list, does that mean that somehow to use tradesim, I have to make up indicators in some other place thank the metastock indicator list? If so, where is that place? thank you.
Later...dec 26. I passed over the tb1, separate from the manual, because it talked about debugging, when instead I wanted to translate my tradesim codes back into metastock. So the pages 8-9 were very helpful. However, there are lots of additional complexities. By that I mean, that when a person usess the full dimensions of tradesim coding, one is able to do more than simple entris and exits. Will metastock be able to pick these up;ie, the parts about initial stops and protective stops?
Also, after comparing what my original metastock coding shows with the full tradesim coding, I notice that the pyramid entries do not work right if ones keeps them in either of the exit or entry symbols that is suggested on pages 8-9. It will interfere with allowing the exit symbol to come through. I tried the technique of putting the separtae metastock orders in a different arrangement; ie the exit one on top, but that did not work. So then I made a tthird one for this pyramid entering. That allows the exits to show up, but now it continues buying pyramid entries after. So now I am insecure and worried about how well the code which allows pyramiding is analyzed in tradesim, or is tradesim reliable with these. Thus, the display of pyramiding in metastock will just be a bit bollaxed up, and I just have to remember? Are there other tradesim codes that will not show up right in metastock, especially crucial would be the other tradesim exits.
also, if one had modified tradesim, according to youyr suggestions for end of day data, one has to remember to change them back, so they become an expert flag, etc
ps Also I notice that consistently the tradesim expert version does not pick up on the very first buy, tho the others match.
thank you regards, geoffrey
1. hundreds of duplicate trades on the same trade days' bar,( yet the expert does not indicate duplicates.
2 6000 trades found from the explorer step, yet only 900 trades taken in the trade analysis.
( so when the expert says to take a trade, how do I know which one to take?)
3. trades are taken randomlly ( again which ones to take?)
4. I am not clear how to turn the tradesim codes, in the explorer of metastock, back into an expert to guide practical daily monitoring of the stock as to when to enter and exit.
thank you
Regards, Geoffrey
ps
according to metastock, when I use a "extfml" it will call in something that I have made and named that appears in the indicator list. I cannot tell from the trems used in the examples, whether those terms mean something outside of metastock or what? Are you just making them up in the := ; format to be used later in the formula? If your extfml's are not in the indicator list, does that mean that somehow to use tradesim, I have to make up indicators in some other place thank the metastock indicator list? If so, where is that place? thank you.
Later...dec 26. I passed over the tb1, separate from the manual, because it talked about debugging, when instead I wanted to translate my tradesim codes back into metastock. So the pages 8-9 were very helpful. However, there are lots of additional complexities. By that I mean, that when a person usess the full dimensions of tradesim coding, one is able to do more than simple entris and exits. Will metastock be able to pick these up;ie, the parts about initial stops and protective stops?
Also, after comparing what my original metastock coding shows with the full tradesim coding, I notice that the pyramid entries do not work right if ones keeps them in either of the exit or entry symbols that is suggested on pages 8-9. It will interfere with allowing the exit symbol to come through. I tried the technique of putting the separtae metastock orders in a different arrangement; ie the exit one on top, but that did not work. So then I made a tthird one for this pyramid entering. That allows the exits to show up, but now it continues buying pyramid entries after. So now I am insecure and worried about how well the code which allows pyramiding is analyzed in tradesim, or is tradesim reliable with these. Thus, the display of pyramiding in metastock will just be a bit bollaxed up, and I just have to remember? Are there other tradesim codes that will not show up right in metastock, especially crucial would be the other tradesim exits.
also, if one had modified tradesim, according to youyr suggestions for end of day data, one has to remember to change them back, so they become an expert flag, etc
ps Also I notice that consistently the tradesim expert version does not pick up on the very first buy, tho the others match.
thank you regards, geoffrey