Trade Equity is a set of MetaStock formula language tools that aid in the development of trading systems for global equity markets. These tools are designed to help you extract the most value from your MetaStock software before spending a bundle of money on additional MetaStock tools or other software products.

Trade Equity Features

Plot equity curve.
Intra-bar trade execution.
Drop-down equity indicators.
Applicable to all trading timeframes.
Versions for MS 7.0 through MS 11.0.
Can be part of an expert, template or smart-chart.
25+ additional stats available via a linked display module.
Free-standing display modules complement primary TE plot.
Trade size: % of capital, # of shares or externally generated.

New: Single-security system results via Expert Commentaries.
New: Portfolio system results via choice of Expert Commentaries.

Frequently Asked Questions

Q:   Why don't I see any plot when I drop Trade Equity into a chart window?
A:  Either Trade Equity is a straight line and is not scaled to left or right, or it has an invalid plot caused by an invalid buy, sell or position-size formula.

Q:   Why do I see a straight line when I plot Trade Equity on a chart?
A:  Either there is no buy signal, or the buy (or sell-to-cover) option does not match the formula placement. Use 'N' for options 1-4 and 'Ns' for option 5.

Q:   Why does my equity curve follow the price for ever following a buy signal?
A:  The sell signal never becomes active, or the sell option is set incorrectly for the sell formula placement. Use 'X' for options 1-4 and 'Xs' for option 5.

Q:   Why is a trade sometimes missed when there is a legitimate buy signal?
A:  It may be that the sell signal is present on the same bar as the buy signal. This is only acceptable when the intended trade is intra-bar. Several conditions will inhibit such a trade - any delay being set, a buy on Close, a sell on Open etc. etc.. Check that your formulas do not generate concurrent signals. One remedy can be to add "Buy:=Buy AND Sell=0;" to the end of your buy formula.

Q:   Why doesn't the Trade Equity curve match the System Tester equity curve?
A:   There are many legitimate reasons for this. Factors you should consider include dates or bars under test, MetaStock System Tester being used, rules enforced by Trade Equity, binary or price signals, and so on. The Enhanced System Tester introduced a whole new range of factors to consider but it is possible to exactly match EST and Trade Equity results when the issues are understood and addressed.

View Sample Charts

Click here for TE plotted on a weekly chart.
Click here for TE plotted on a daily chart using intraday entry and same day exit.
Click here for TE plotted on a daily chart using intraday entry and trailing stop exit.
Click here for a new long side TE template and Expert Commentary summary.
Click here for a new short side TE template and Expert Commentary summary.
Click here for a new combined TE template and Expert Commentary summary.

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