Expert Add-on for MetaStock
Elasticity 2 is a robust trend-following system designed to maintain a high win-to-loss ratio. It calculates protective stops and profit targets automatically to manage trade risk. Using a 29-period moving average and a custom expert advisor, it assesses intermediate trends and RSI values, providing performance reports for all open positions.
Timothy Straiton was a precious metal trader for Bank Leu in Zurich and a board member of the Swiss Association of Market Technicians. He has been a MetaStock distributor since the late 90s.