ETS is a Complete Trading System ETS is a complete trading system with buy and sell entries, protective stops, trailing stops and profit targets. With every trade you will know the precise entry level and whether you are going long or short, how much you need to risk on the trade and when to exit. One system I have found to be particularly useful as a confirming call is the “ETS Trading System”. ETS, developed by Michael Mermer, is a trend-based system, and .
It includes both my own personal formula taken Programming Study Guide and formula collected from Equis International, Metastock forums, and a collection of trading magazines. Most of these Metastock formulas have been emailed to us and as such it is our belief that they are in the public domain.
It has simply been my objective to create a useful Metastock formula Index. If you would like to learn how to edit your own MetaStock formula click is no "Holy Grail". I hate to say it but it is true! It is, for them, a silver bullet that will. However, most successful traders have come to realise that no such perfect indicator exists.
Our message here, therefore, is that you should put MetaStock into perspective with all of the other determinants of your trading success. Regardless of how effective Metastock may be for you, it is just one part of a successful trading plan. Fifty-four new performance systems and seventy explorations will have you trading with a higher level of confidence and expertise than you've ever had before.
You see, unlike other trading systems that work on only a handful of securities, these fifty-four performance systems have been time-tested and shown to have a highly successful track record over an entire database of securities!
That means less risk and more profit potential. No other technical analysis software offers such a consistently effective set of systems and performance tools, or conducted such rigorous testing to develop those systems.
Now it's time for you to get "the lion's share" and put these new powerful new performance systems and tools to work for you. Start with a favorite stock - or a favorite system. Choose a simple trading method or a more complex strategy. Need to know something about how to use MetaStock or trading generally? We have hundreds of videos on YouTube. From guests speakers to MetaStock experts, you are bound to find what you are looking for.
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Originally presented on Wednesday, January 18, by Jeffrey Gibby. Equity traders who do not short stocks and only want to be in the market during bullish trends will find this a useful system option.