Hi all,
i recently read a
few posts here in the forum and learnt about the function
"positionscore".As a non programer i find the forum very
usefull.
From those posts i've tried to follow a
similar line and test a day trading system,,,like many of my ideas and
notions though it may bare no cash flow.
What i tried to do was look for a break out
and then buy the open next day and sell the close as a true day trade
no money down.Here's what i attempted
//Day Trade
positionscore = ROC(c,1) / ROC(C,10);
//looking for a big move compared to the last 2 weeks
Filter = Positionscore and Close > Open;
//looking for the biggest move on an up day.
Buy = Filter;
Buyprice = Open;
Sell = close;
settradedelays = (1,0,0,0); // Explore today
trade tomorrow (?)
positionsize = 5000;
addcolumn(positionscore,"score"); //lets
me see the score values in an exploration
//I've got maxtrades set to 1 within settings
When i explore from 18/9/08 to 18/9/08 i get
stock abc.asx for example but when i backtest from 19/9/08 to 19/9/08 i'm
not getting the same ticker that i expected to see traded with the Buy
delay set to 1.
If anyone could advise on the above
idea i would appreciate the help,,,
i also tried this with no
luck,,,,,,,,,,,
positionscore = ROC(C,1) /
ROC(C,10);
cond1 = c > o;
longsetup = postionscore and
cond1;
filter = ref(longsetup,-1);
buy = filter ;
buyprice = open;
sell = close;
settradedelays = (0,0,0,0);
positionsize = 5000;
addcolumn(positionscore,"score");