[EquisMetaStock Group] Timing of Order types in system tester

[meta_scott <no_reply@xxxxxxxxxxxxxxx>]

Hello,
I am finding the timing of events in the System Tester to be 
confusing.  Let me walk through a simple example and please set me 
straight on the translation.

Enter Long Formula = C>ref(C,-1) (order type market)
Translation = If today's close is higher than yesterday's close, then 
tomorrow morning buy at market

Enter Long Formula = C>ref(C,-1) (order type buy stop at "H+.25")
Translation = If today's close is higher than yesterday's close, then 
buy tomorrow, if tomorrow's price gets to today's high + .25  
(correct?)

Close Long Formula = C<ref(C,-1) (order type market)
Translation = If today's close is less than yesterday's close, then 
tomorrow morning sell at market

Close Long Formula = C<ref(C,-1) (order type sell stop at "L-.25")
Translation = If today's close is less than yesterday's close, then 
sell tomorrow if tomorrow's price gets to today's low - .25  
(correct?)

Thank you,

Scott Park









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