[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: Scale in on same bar



PureBytes Links

Trading Reference Links

What I want would not need intraday data.  The way I would want ti code with OHLC is something like this:

limitprice1 = (ref(c,-1)*0.99);
limitprice2 = (ref(c,-1)*0.98);

buyprice1 = min(O,limitprice1);
buyprice2 = min(O,limitprice2);

Buy would occur if L < limitprice1.
Scalein would occur if L <limitprice2.

If the low is less than the limitprice1, I would enter the position.  If the low is less than the limitprice2, then I would scalein.  If the open is below both prices then I would enter a double position at the price of the open.

I already have this coded to work on seperate bars, but many times, the pullback occurs on the same bar and I would like to backtest that occuring on the day of the initial purchase.

So, the question is, is there some kind of CBT coding that would allow me to test what I want to test.

Thanks,

John
--- In amibroker@xxxxxxxxxxxxxxx, "Mike" <sfclimbers@xxx> wrote:
>
> Hi
> 
> You can't do that. All you know is open/high/low/close. You don't know what happened in between.
> 
> Consider these two scenarios:
> 
> Open, gentle steady decline in price down to -2%.
> Open, next trade after the open is a 2% drop.
> 
> Now, would you still want both an initial buy and a scale in for both scenarios? How would you know if half the position was bought at -1% and the other half at -2% (first scenario) vs. all bought at -2% (second scenario).
> 
> If you want intraday trades, you need intraday data.
> 
> Mike
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "jmdeacon" <jmdeacon@> wrote:
> >
> > Is it possible to scale in on the same bar?  To make it clear, lets say I am using EOD data and I want enter a position as the price pulls back.  XYZ starts the day at $10 and I want to buy if it loses 1% and scalein to double to position if it loses another 1%.  Is there a way to code for that to occur on the same bar assuming XYZ traded below $9.80 on the bar in question?  I know how to do it with Scalein when it occurs on seperate bars?
> > 
> > Thanks,
> > 
> > John
> >
>




------------------------------------

**** IMPORTANT PLEASE READ ****
This group is for the discussion between users only.
This is *NOT* technical support channel.

TO GET TECHNICAL SUPPORT send an e-mail directly to 
SUPPORT {at} amibroker.com

TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)

For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/

Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/amibroker/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:amibroker-digest@xxxxxxxxxxxxxxx 
    mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx

<*> 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/