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Genesis of Simple Futures
Trading
MetaStock Trading System
It’s quite easy to use MetaStock for Windows to duplicate the
Genesis of a Simple Futures Trading system which is presented in
this issue’s interview of Jay Kaeppel. In MetaStock, choose System
Tester from the Tools menu. Click on the New button and enter in the
following rules:
Jay Kaeppel's Simple Futures Trading System: Signal Rules
| Signal Formulas |
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Enter Long
Cross( Mov( CLOSE,9,S), Mov(
CLOSE,50,S)) AND
CLOSE > Mov( CLOSE,80,S) |
Close Long
Cross( Mov( CLOSE,50,S),
Mov( CLOSE,9,S)) AND
CLOSE > Mov( CLOSE,80,S) |
Enter Short
Cross( Mov( CLOSE,50,S),
Mov( CLOSE,9,S)) AND
CLOSE < Mov( CLOSE,80,S) |
Close Short
Cross( Mov( CLOSE,9,S), Mov(
CLOSE,50,S)) AND
CLOSE < Mov( CLOSE,80,S) |
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When testing futures in MetaStock it’s best to use a "points
only" test. To do this, choose Options from the System Tester
dialog and then Points Only Test from the Testing page.
To use The Explorer to screen for futures generating a recent
signal with this system, choose The Explorer from the Tools dialog
and enter in the following rules:
Jay Kaeppel's Simple Futures Trading System:
Exploration
| Column Formulas |
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ColumnA: Buy Sign
Cross( Mov( CLOSE,9,S), Mov( CLOSE,50,S)) AND
CLOSE > Mov( CLOSE,80,S) |
ColumnB: Shrt Sig
Cross( Mov( CLOSE,50,S), Mov( CLOSE,9,S)) AND
CLOSE < Mov( CLOSE,80,S) |
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| Filter Source |
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| Filter Enabled: Yes |
| Formula: colA = 1 OR
colB = 1 |
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Next choose Explore and The Explorer will search for and then
display any futures, which have generated new signals.
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