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2/20 Day EMA Breakout System
MetaStock Trading System
To create the 2/20-Day EMA Breakout System by David Landry in
MetaStock for Windows, choose System Tester from the Tools menu. Now
choose new and enter the following system test rules and options:
| Signal Formulas |
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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) |
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- Initial equity Points Only
- Positions Long and short
- Trade price Close
- Trade delay 0
Please note the {10 ticks} comment in the system rules. The
value used in these rules is for most currencies. You should
change this value based upon the commodity your testing.
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