Trading Strategies from Active Trader Magazine

4-Week Breakout

This system can be run in any version of MetaStock. To create this system:

  • Select the Enhanced System tester from the Tools menu
  • Click New
  • Enter the name of the system
  • Select the Buy Order tab and enter the following formula:

    C>=Ref(HHV(C,20),-1)

  • Select the Sell Order tab and enter this formula:

    C<=Ref(LLV(C,20),-1)

  • Select the Sell Short Order tab and enter the following formula:

    C<=Ref(LLV(C,20),-1)

  • Select the Buy to Cover Order tab and enter this formula:

    C>=Ref(HHV(C,20),-1)