Need Help in Metastock formula

yugoal

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I want to test the profit of a strategy. Strategy: on a 5 minutes data, buy the spy when it drop over 1%, and sell if it bounce back 0.4%.
what kind of buy order formula do I use in the backtester?

Thank you
 
What is the stoploss after buying ?? If the stock/scrip does not bounce up 0.4% then what happens? How do you exit?
 
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