Entry and Exit Stratgy in MC

[emptyvault 10]

Hell , a novice question here .

 

I browsed through the power language editor and the manual (it is still a pdf manual of version 3.0 , am I wrong ?). The entry and exit code of each strategy seems separated . Is that mean the entry and exit code must be wrote in separated 2 code and apply to the same chart to get a full trading system test result ?

 

If it is , then will the trailing stop and money management be more difficult to be done ? As I would like test some rules of mine that maybe base on somethings base on the entry bar . Such as time , or bars after , number of times which it cross down a short time moving average again...

All these are to be count from the entry signal bar .

Or should I copy the same code again to the exit code again but just take out the "buy" statement ?

 

Thanks .

[Tams 20]

those codes are for educational purpose only.

they do not have to be in separate files;

they are in separate strategies so that you can understand the operations one by one.

[emptyvault 10]

thanks for replying .

So that means I can write a single system/strategy that can combine all my thinking in it ? Forgive me to say . The manual of MC is really really suck ! A novice can only read some books about TS easylanguage but seems there are a lot of things that are not that compatible .

[Tams 20]

thanks for replying .

So that means I can write a single system/strategy that can combine all my thinking in it ? Forgive me to say . The manual of MC is really really suck ! A novice can only read some books about TS easylanguage but seems there are a lot of things that are not that compatible .

 

 

There is no MC manual, so it cannot be "suck".

 

The TS manual are excellent. They are used by thousands of traders around the World.

I learned from the same manuals; I don't think they would make an exception to you.

 

Unless you are using a pirated copy of TS, or old TS code, 99% of the code should be compatible.

(With old TS code, even the current TS is not compatible.)

 

 

For advanced programming, may I suggest...

 

Building Winning Trading Systems with TradeStation

by George Pruitt & John R. Hill

 

"When you code (slang for writing your ideas into a programming language) an analysis technique, you are directing the computer to follow your instructions to..."

 

Key Phrases: buy next bar, buytocover next bar, certain price stop, Futures Truth, Super Combo, Dynamic Break Out ...

 

 

 

 

 

Amazon.com: Building Winning Trading Systems with TradeStation (9780471215691): George Pruitt, John R. Hill: Books

Edited August 2, 2009 by Tams