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

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)
 

  • 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.

 
 



  

 

ASX Data   ASX Real Time Data   MetaStock                                                 © Copyright 2004 Paritech Pty Ltd | Contact | Shopping Cart | Licence | Privacy Policy