V.17:2 (107): Traders’ Tips

TRADERS’ TIPS

Here is this month’s selection of Traders’ Tips, contributed by various developers of technical analysis software to help readers more easily implement some of the strategies presented. Internet users will also find these and some previous Traders’ Tips on our home page at http://www.Traders.com. ✦ METASTOCK

In “Trading Stocks With A Cyclical System,” Jeffrey Owen Katz and Donna McCormick introduce a system based on stock cycles. In MetaStock 6.5 or higher, you can easily recreate 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 zero, 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 J. McNichol, EQUIS International 800 882-3040, 801 265-8886 http://www.equis.com

FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail.

Take Control of Your Trading.

Professional Traders' Starter Kit

All these items shown below only $495!

5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
S&C on DVD 10.25 plus next year's upgrade FREE!
5-year subscription to Traders.com Advantage.
5-year subscription to Working Money.
Free book selection.

Save up to 54% by purchasing today. Limited time offer. By purchasing today you also receive your choice of one volume from the Professional Traders' Series (Volumes 1-17 or Charting The Stock Market) for FREE!
NOTE: Use the "comment" field during checkout to tell us which book you would like to receive.

Click Here to Order

You save $502.31 plus the value of the book you choose over the regular price of these items. Offer ends soon.