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Roy,
As normal, you are absolutely correct. I apologize, I completely
forgot to mention the use of the positve Ref() function in the entry.
For the exit, you can simply put 1.
Trader Joe...
--- In Metastockusers@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> 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
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