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>When exiting long on a stop order using points: "exitlong at
>low +1 points stop" I get very confusing backtest results.
>Seems the exits are taken on open, not on low-1 point.
Why SHOULD it exit at L - 1 if you tell it to exit at L + 1?
BW
>From: "Bengtsson, Mats" <mats.bengtsson@xxxxxxxx>
>To: omega-list@xxxxxxxxxx
>Subject: Confused about exitlong + point stop
>Date: Mon, 2 Jul 2001 00:14:09 +0200
>
>Well, I would have asked anyway, but now a similar topic is
>up, so here comes my question:
>
>When exiting long on a stop order using points: "exitlong at
>low +1 points stop" I get very confusing backtest results.
>Seems the exits are taken on open, not on low-1 point.
>
>My belief comes from printing the exitprice for these exits,
>where it seems like i get filled better than the stop order
>should make possible (it is not on same bar as buy, and
>bouncing ticks is off).
>
>The bar after the order is requested fulfills the criteria,
>the value low- 1 point is reached. But printing exit
>information using exitprice(1) shows me that the exit took
>place on the open value of the bar (which is higher than low
>minus 1 point and thus is not a place where the order should
>fill).The requested trigger value is low of the previopus bar
>and a little lower than that, which occurs on this bar, but
>the filled order is registered at open, not at the lower
>value which caused the trigger to act.
>
>Is this something that is supposed to happen? Is it confirmed that it
>happens?
>
>--- Mats ---
>
>
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