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Re: [amibroker] Re: Crystal Ball



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Hello,

Since the settings are set by the user himself, I dont think its necessary to check that aspect since anyone using 0 Delay for either Buy or Sell is bound to know that this is impossible to use for Live Trade.

The main Utility of Check function is to see as to whether formulas try to look into the future (for example, using Zig function).

Cheers

Prashanth

  ----- Original Message ----- 
  From: Chris 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Monday, June 19, 2006 3:20 AM
  Subject: [amibroker] Re: Crystal Ball


  Thanks for the tip on the Check function. Unfortunately it doesn't work 
  properly. I have a formula based entirely on the current day's closing 
  prices, and the Check function correctly says there is no crystal ball 
  effect. When I change Settings -> Trades -> Long Trades to trade at the 
  open with zero days of delay, the check function still (incorrectly) 
  says there is no crystal ball effect. This is clearly wrong -- it is 
  not possible to trade at the open with indicators based on the same 
  day's close -- and could trip up both the novice and seasoned user, 
  giving them artificially high returns due to this artifact.

  At the very minimum the program should check the formula against the 
  settings (open, close, average, days of delay, etc.) and flag the user 
  to any crystal ball. The user would then have the option of overriding 
  the warning.