Every MSST system comes with several support formulas. They are:
A Signal custom formula (e.g., "DeBry MSST
BB Signal") - This formula returns the following values:
+1 - Enter Long
-1 - Enter Short
+2 - Close Long
-2 - Close Short
An Equity custom formula (e.g., "DeBry MSST
BB Equity") - returns the equity of the trading system, akin to the
Equity Line produced by the System Tester.
A comparison vs. buy and hold custom formula
(e.g., "DeBry MSST BB vs. buy and hold) - returns the system's profit
above (or below) buy and hold, in dollars.
An Exploration that does a system test (e.g.,
"DeBry MSST BB System Test") - runs the desired system on your
database of stocks, filtering out any stocks that had no signals, and
returns the following:
Column A: Percent return - the total
percent return of the system
Column B: vs. buy and hold - a comparison vs. buy and hold (in $s)
Column C: Days Long - total number of days in long positions
Column D: Days Short - total number of days in short positions
Column E: # Win - total number of winning trades (both long and short)
Column F: # Loss - total number of losing trades (both long and short)
Filter: Excludes any securities that didn't show any signals
You can, of course, modify the columns to your
liking.
MSST comes with 12 standard formulas. Please
note that these systems are the standard, "stock" systems and
will likely test poorly without further refinement by the user.:
BB - Bollinger Band System. Set with
a 20 period moving average and two deviations
DMI - Directional Movement Indicator
System.
Evening Star System
MA14 - 14-day Moving Average Penetration
System
MA200 - 200-day Moving Average Penetration
System
MA50 - 50-day Moving Average Penetration
System
MACD - Moving Average
Convergence/Divergence System
MACross5/20 - 5-day/20-day Moving Average
Crossover System
MACross50/200 - 50-day/200-day Moving
Average Crossover System
RSI - Relative Strength Index System
Stochastic1 - The standard 20/80
Stochastic
Stochastic2 - %K/%D Stochastic Crossover
System
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