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Strategies & Market Trends : Metastock 6.0 for Window

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To: Richard Estes who wrote (820)8/22/1997 12:15:00 PM
From: Jim Deni   of 4056
 
Richard

E. Morrison's WOW version

Enter:

fml("BNS Binary Indicator")>ref(fml("BNS Binary Indicator"),-1) and
ref(fml("BNS Binary Indicator"),1)=6

Exit:

fml("BNS Binary Indicator")<ref(fml("BNS Binary Indicator"),-1) and
ref(fml("BNS Binary Indicator"),1)=1

Is the test valid with the ref function putting the condition 1 day in the future from your buy point. I tested it with the formula set for the current day and got very different results---not as good. Qualifier-I'm very new to MS and testing.

Regards

Jim
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