Metastock system tester

[av1a]

Does system tester and expert tools in Metastock really works in real trade markets?
Can you really trust the judgement of those tools?

:cheesy:

 

[gcb01]

Hmmmmmmmmmmmmm

Does system tester and expert tools in Metastock really works in real trade markets?
Can you really trust the judgement of those tools?

:cheesy:

Don't rely on it:

• Some Expert Systems and Expert Advisors produce markedly different trades - see other threads in T2W.
• Check how it is actually entering and existing a trade and see if this is achievable. Make sure you allow for slippage and commission/charges.
• back-testing has its limitations, i.e. history may not repeat itself.
• some systems will be much more profitable in periods of high volatility.
• Expert systems may work for a time but eventually will cease working or will work less well. You should understand how they work before using them.

Good luck

 

[alexander]

Don't rely on it:

• Some Expert Systems and Expert Advisors produce markedly different trades - see other threads in T2W.
• Check how it is actually entering and existing a trade and see if this is achievable. Make sure you allow for slippage and commission/charges.
• back-testing has its limitations, i.e. history may not repeat itself.
• some systems will be much more profitable in periods of high volatility.
• Expert systems may work for a time but eventually will cease working or will work less well. You should understand how they work before using them.

Good luck

Well said, I think quality of real-time data should be added to the list as a factor that affects the performance of these mechanical modules. Another factor is the reliability of connection. If you have a bad connection and you miss a few ticks or so, then you may get bad signals out of a system or miss some good signals.

Alexander

 

[commanderco]

Does system tester and expert tools in Metastock really works in real trade markets?
Can you really trust the judgement of those tools?

:cheesy:

Join up with these guys
http://groups.yahoo.com/group/equismetastock/

They will explain the benefits & limitations of MS

 

[alexander]

Join up with these guys
http://groups.yahoo.com/group/equismetastock/

They will explain the benefits & limitations of MS

That is a good group with some real experts on board, I have learned a lot there but they get a lot of spamming and it gets annoying at times.

Alexander