 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
Trade Equity is a set of MetaStock formula language tools that aid in the development of trading systems for global equity markets. These tools are designed to help you extract the most value from your MetaStock software before spending more money on additional tools or other software products.
|
|
|
|
|
|
|
|
|
|
|
|
|
Intra-bar trade execution.
Drop-down equity indicators.
Plot equity curve & other statistics.
Applicable to all trading timeframes.
Versions for MS 6.5 through to MS 11.0.
Percent commissions with selected formulas
Can be part of an expert, template or smart-chart.
Trade size - fixed, % capital, # shares, or compounding.
New: Display portfolio results through an Expert Commentary.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Frequently Asked Questions
|
|
|
|
|
|
 |
|
|
|
|
|
|
Q: Why don't I see any plot when I drop Trade Equity into a chart window?
A: Either Trade Equity is a straight line and is not scaled to left or right, or it has an invalid plot caused by one of the buy, sell or position-size formulas being invalid.
|
|
|
|
|
|
|
|
Q: Why do I see a straight line when I plot Trade Equity on a chart?
A: Either there is no buy signal, or the buy (or sell-to-cover) option does not match the formula placement. Use 'N' for options 1-4 and 'Ns' for option 5.
|
|
|
|
|
|
|
|
|
|
Q: Why does my equity curve follow the price for ever after a buy?
A: The sell signal is never active, or the sell option is set incorrectly for the sell formula placement. Use 'X' for options 1-4 and 'Xs' for option 5.
|
|
|
|
|
|
|
|
Q: Why is a trade sometimes missed when there is a legitimate buy signal?
A: It may be that the sell signal is present on the same bar as the buy signal. This is only acceptable when the intended trade is intra-bar. Several conditions will inhibit such a trade - any delay being set, a buy on Close, a sell on Open etc. etc.. Check that your formulas do not generate concurrent signals. One remedy can be to add "Buy:=Buy AND Sell=0;" to the end of your buy formula.
|
|
|
|
|
|
|
|
Q: Why doesn't my Trade Equity curve match the System Tester equity curve?
A: There are many legitimate reasons for this. Factors to consider include dates or bars under test, the version of Trade Equity or release of MetaStock being used, rules enforced by Trade Equity, binary or price signals, and so on.
|
|
|
|
|
|
|
|
|
|
|
Click here for TE plotted on a weekly chart.
Click here for TE plotted on a daily chart using intraday entry and same day exit.
Click here for TE plotted on a daily chart using intraday entry and trailing stop exit.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MetaStock® is a registered trademark of Equis International, a Thomson Reuters company.
|
|
|
