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View Full Version : Pyramiding and Trade Level.


Shane Baker
24th March 2006, 05:08 AM
Hi David,

I know that this might be a big ask but with pyramiding it would be advantageous if we could specify a different entry criteria dependent upon the trade level that we are at. For example, if the trade level=0 then I might look for shares less than $6.00 for new entries but if trade level>0, then no price limit is present, allowing us to follow the trend in its entirety.

A good example would be CTX which went from 2.00 to 20.00.Presently if I use a price filter such as c<6.00 to find low price shares that offer leverage, then I will not get a signal for those long running trends once they are past $6

Any chance of being able to incorporate this idea into any newer version?

Cheers and thanks,

Shane

David Samborsky
25th March 2006, 01:30 AM
What you say is not unreasonable it's trying to implement it within the Metastock environment using the Metastock Formula Langauge that becomes the problem. I have tried to overcome some of the short comings of the MSFL in the TradeSim plugin but there is still a longway to go :(