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

Re: [Metastockusers] Re: same day entry and exit



PureBytes Links

Trading Reference Links

Hi Joe

That exit seems to work well.

To get the trade to enter and exit on the bar of the signal (not one bar later) the entry code needs 
to be advanced by one bar (positive Ref() function) in combination with a Strategic Delay of one 
bar. The same formula signal can be used to exit, but without the advance and delay.

An entry and exit on the bar of the signal makes it possible to use trade prices other than OHLC, 
provided of course that those prices are still within the high/low range for that bar.

> When writing the system test, on the Buy Order tab (and the Sell
> Short Order Tab if the system is to include short trades), set
> the "Strategic Delay (Bars)" to 1 day.  Then click the Stops tab.
> Mark the Inactivity Minimum Change stop for both longs and shorts.
> Select points for the method.  Set the minimum change to 999 and the
> periods to 0.  Finally, when starting the simulation, click
> the "More" button on the System Testing Options page.  Click the
> Trade Execution tab and uncheck Realistic Market Prices.  Set the Buy
> Price and the Sell Short Price to Open.  Set the Sell Price and the
> Buy to Cover Price to close.  Make sure the Delay Order Opening to 0
> and click Okay.  When you run the test, the system will enter a trade
> and then be able to exit it on the same bar.
>
> Trader Joe...


Kind regards

Roy Larsen
www.metastocktips.co.nz




------------------------ Yahoo! Groups Sponsor --------------------~--> 
In low income neighborhoods, 84% do not own computers.
At Network for Good, help bridge the Digital Divide!
http://us.click.yahoo.com/EpW3eD/3MnJAA/cosFAA/zMEolB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

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

<*> To unsubscribe from this group, send an email to:
    Metastockusers-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/