For any given bar you can't tell which event
occured first ... If you
need more granularity you'll need to move to shorter timeframe
oriented data ...
--- In amibroker@xxxxxxxxxxxxxxx,
"Clement Chin" <yitman@xxx> wrote:
>
> Anyone can show me something for this case? TIA.
>
> +++
>
>
>
>
>
> Hi,
>
>
>
> I put a Buy Stop to buy breakouts from high of last bar. A
protective stop
> is attached to the Buy Stop to protect the order once the Buy Stop
is hit.
>
>
>
> I use 30-minute bar to make decision.
>
>
>
> Here is a case.
>
>
>
> The previous high is 1.3050. I will buy at 1.3051. Once entry, I
will put a
> protective sell stop at 1.3041. I want to back test the system.
>
>
>
> From the 30-minute chart, the next bar has a high of 1.3090 and a
low of
> 1.3020. Apparently, my Buy Stop is hit sometime during the 30-minute
> session. My planned protected stop is hit also sometime during the
same
> session. The price may hit my Buy Stop first and then hit my
protective stop
> later... Or it may hit the low of the 1.3020 first, and move all
the way up
> to 1.3090 where I have a good trade.
>
>
>
> How do I know which one is hit first? The low of the bar or the Buy
Stop? Or
> other possibilities? How can I accurately write AFL to track if my
entry is
> handled accurately?
>
>
>
> There are many possibilities inside the next 30-minute bar, i.e. if
the low
> is reached first, I may have a good trade; if my entry is taken
first and
> then the low, I will be killed somewhere. Can I accurately know
what happen
> inside the 30-minute bar? Do I need to use a smaller timeframe, i.e.
> 1-minute?
>
>
>
> Please give me your advice. Thank you in advance.
>
>
>
> Clement
>