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MetaStock
Trading System - Stock Rhythm System
In Jeffrey Owen
Katz's article "Trading stocks with a
cyclical system" he introduces the Stock
Rhythm System. In MetaStock 6.5, or higher, you
can easily create this system. With MetaStock
running choose "System Tester" from the
Tools menu, click on the New button and enter the
following formulas:
Enter Long
thresh:=
4;
k:= 3;
m:= 63;
Value1:= Stdev(Ref(ROC(C,k,$),-m),20);
Value2:= Ref(ROC(C,k,$),-m);
When(Value2 > thresh*Value1) |
Enter Short
thresh:=
4;
k:= 3;
m:= 63;
Value1:= Stdev(Ref(ROC(C,k,$),-m),20);
Value2:= Ref(ROC(C,k,$),-m);
When(Value2 <-thresh*Value1) |
Stops
Inactivity
Positions - Long and Short Method - Points Minimum
Change - 15000 Periods - 10
After entering the
formulas click OK, then click on Options. On the
Testing page set the Trade Delay to 0, set
Positions to Both, then set any other desired
options Click OK to save the changes, then open a
chart and run the system.
Allan McNichol
Equis International |
