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I probably don't understand your
question/issues, but wouldn't the Amibroker Professional Version with IB
real-time data serve your purposes? I've not used it this way but I just
launched AB Pro and TWS, clicked on time frame DAY and pulled
Bollinger bands around the price curve.
The price curve is pretty coarse since I don't have all that many bars
of historical data in the database.
Joe
----- Original Message -----
Sent: Tuesday, May 02, 2006 1:42 PM
Subject: [amibroker] Re: Automatic
trading based on closing price
Nope, doesn't work if you buy the open. What happens is a stock
will
close below the lower Bollinger and then the next morning it gaps
up.
If you buy the open you miss most/all of the move. System works
over
80% (based on backtesting). The system also sells on the
close.
There are other details but that is the
gist.
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