EMA Breakout System

EMA Breakout System
To create 2/20-Day EMA Breakout System by David Landry in MetaStock for Windows, choose System Tester from the menu Tools. Now choose new and enter the following system test rules and options:
Enter a long
Alert (Cross (Sum (L> Mov (C, 20 E), 2) = 2, 5), 10) AND HIGH> = Normal (1, Cross (Sum (L> Mov (C, 20 E), 2) = 2, 5) *
HHV (H, 2), 1) + 0.001 {10} and ticks BarsSince (Cross (Sum (L> Mov (C, 20 E), 2) = 2, 5)) <
BarsSince (Low <= Mov (C, 20, E))

Close long
LOW <= Mov (C, 20 E)

Enter a short
Alert (Cross (Sum (H <Mov (C, 20 E), 2) = 2, 5), 10) and low <= normal (1, Cross (Sum (H <Mov (C, 20 E), 2) = 2, 5) *
LLV (L, 2), 1) - 0.001 {10} and ticks BarsSince (Cross (Sum (H <Mov (C, 20 E), 2) = 2, 5)) <BarsSince (High>; = Mov ( C, 20, E))

Close short
HIGH> = Mov (C, 20 E)

Initial equity Points Only
Long and short positions
Close trade price
Trade delay 0
Please note {10} ticks comment system rules. Value used in these rules is to most currencies. You can change this value based on your commodity testing.