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MetaStock
Trading System - Pathfinder
Trading System
Rev. 02/21/97
To recreate the
Pathfinder currency trading system (described in
the October 1996 interview with Nelson Freeburg)
in MetaStock for Windows, open two charts, one of
the desired currency and the other of Treasury
bonds. For this example, I used the Swiss Franc.
Choose Tile from the Window menu so both charts
are visible. Drag the T-bonds price bar and drop
it on the heading of the currency chart. Your
currency chart should now have T-bonds plotted in
the top inner window of the chart. Click on the
T-bonds plot in the currency chart so it's
selected (that is, little squares appear on the
price bars). You will need to select the T-bonds
plot each time before running a system test. The
selected plot tells the MetaStock System Tester
what to use for "P". Next, choose System
Tester from the Tools menu, and then New to create
a new system. Enter the following system rules,
stops, and options and then run the test.
System
name: The Pathfinder Trading System
Enter
Long:
Mov(C,6,S) > Ref(Mov(C,6,S),-1) AND
Mov(P,3,S) > Mov(P,25,S) AND
Alert(Cross(Mov(C,9,S),Mov(C,18,S)),10)
Close
Long:
Cross(Mov(C,18,S),Mov(C,9,S))
Enter
Short:
Mov(C,6,S) < Ref(Mov(C,6,S),-1) AND
Mov(P,3,S) < Mov(P,25,S) AND
Alert(Cross(Mov(C,18,S),Mov(C,9,S)),10)
Close
Short:
Cross(Mov(C,9,S),Mov(C,18,S))
Maximum
Loss Stop:
Long and short positions
Maximum loss of 0.016 points.
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| Initial
equity: |
Points
only |
| Positions: |
Long
and short |
| Trade
Price: |
Open |
| Trade
delay: |
1 |
Note that the
maximum stop loss amount should be changed to
0.032 for the British Pound and 0.02 for the
Australian and Canadian dollars when testing these
contracts.
-- Allan J. McNichol,
Equis International
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