|
PureBytes Links
Trading Reference Links
|
Thanks, Terry. I just sent an email that basically said what you just
wrote.
AV
Terry wrote:
> I trade a same day signal too at 10 minutes before close. What Al
> meant was
> your system gets it's signal 5 minutes before close (or even 15), BUT you
> are buying at the OPEN of the day. That was 7 hours ago which you
> obviously
> can't do. You must set trade delays to 1,1,1,1 to trade the NEXT DAY'S
> OPEN.
> --
> Terry
>
>
> From: Owen Davies <owen5819@xxxxxxxxxxxx>
> Reply-To: amibroker@xxxxxxxxxxxxxxx
> Date: Thu, 04 Nov 2004 21:25:54 -0500
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: Re: [amibroker] Re: Amazing backtest ==> Automatic/program
> trading
>
> Among other useful comments, Al Venosa wrote:
>
> >Setting trade delays to 0 means that the buy
> >occurs on the same day the signal is generated, and in real life you'll
> >never know whether to buy until you download the data at the end of the
> >day in order to see if the cross occurred.
> >
> I hear this so often, but I really have problems with it. We live in a
> world where real time data is not all that hard to find or pay for. Five
> minutes before the close, I usually have a pretty good idea where the
> close will occur. For most sytems, all the necessary parameters can be
> calculated "near enough" and a trade entered before the close. Some of
> the errors will be in your favor, too darn many not, but in the end a
> fantastically profitable system should still be acceptably profitable.
>
> For that matter, in a world of 24-hour electronic trading, the close
> does not mean quite what it used to. Just run your numbers, and enter
> after hours. But if you are not willing to do that, follow it in real
> time during the day session for a while to see how it works out.
>
> Or so it seems to me. I would welcome any thoughts.
>
> It may be worth noting that on a very generous S&P continuous contract
> this particular system made less than 20 points in just under five years.
>
> Owen Davies
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
>
>
> Yahoo! Groups Sponsor
>
> ADVERTISEMENT
> <http://us.ard.yahoo.com/SIG=129r1t3vc/M=315388.5529724.6602080.3001176/D=g
> roups/S=1705632198:HM/EXP=1099707982/A=2372354/R=0/SIG=12id813k2/*https://ww
> w.orchardbank.com/hcs/hcsapplication?pf=PLApply&media=EMYHNL40F21004SS>
>
>
> Yahoo! Groups Links
> * To visit your group on the web, go to:
> * http://groups.yahoo.com/group/amibroker/
> *
> * To unsubscribe from this group, send an email to:
> * amibroker-unsubscribe@xxxxxxxxxxxxxxx
> <mailto:amibroker-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>
> *
> * Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service
> <http://docs.yahoo.com/info/terms/> .
>
>
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
>
>
> *Yahoo! Groups Sponsor*
> <http://us.ard.yahoo.com/SIG=129i6krc1/M=281955.5530326.6602771.3001176/D=groups/S=1705632198:HM/EXP=1099710393/A=2343726/R=0/SIG=12iopfa9i/*http://clk.atdmt.com/VON/go/yhxxxvon01900091von/direct/01/&time=1099623993538615>
>
>
> Get unlimited calls to
>
> U.S./Canada
>
> <http://us.ard.yahoo.com/SIG=129i6krc1/M=281955.5530326.6602771.3001176/D=groups/S=1705632198:HM/EXP=1099710393/A=2343726/R=1/SIG=12iopfa9i/*http://clk.atdmt.com/VON/go/yhxxxvon01900091von/direct/01/&time=1099623993538615>
>
>
>
> ------------------------------------------------------------------------
> *Yahoo! Groups Links*
>
> * To visit your group on the web, go to:
> http://groups.yahoo.com/group/amibroker/
>
> * To unsubscribe from this group, send an email to:
> amibroker-unsubscribe@xxxxxxxxxxxxxxx
> <mailto:amibroker-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>
>
> * Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service <http://docs.yahoo.com/info/terms/>.
>
>
[Non-text portions of this message have been removed]
------------------------ Yahoo! Groups Sponsor --------------------~-->
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~->
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|