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--- In amibroker@xxxx, Steve Wiser <slwiserr@xxxx> wrote:
> Tomasz
>
> Exactly, to benchmark a system using weekly data and being able to
compare
> it with daily data. Some intermediate traders like to use weekly
data over
> daily.
>
> Steve
>
I was just going to ask a question about this very topic. Does the
back tester always use daily data?. I have several scans that use
weekly data. If I change the plot display to weekly does the
backtester then work with weekly data? ( tradestation works that
way )
Many indicators and averages do not translate well from weekly to
daily operation..it is not just a matter of increasing everything by
a factor of five.
I also notice that B/S arrows will only apply to a daily plot. I
have tried several years of data displayed weekly but I can't get the
arrows to plot on it.
FWIW there is even a rare occasion when one might want to test
monthly data. But using, testing, plotting weekly data is certainly
a capability that is helpful.
Cheers
Trader
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