|
PureBytes Links
Trading Reference Links
|
Cash,
Just move your perspective back one bar for your backtesting
simulations:
If Open of Next Bar < Close of Data2 then Buy("Long Open") at Open of
Next Bar;
================
Dave Nadeau
Fort Collins, CO
> > ----- Original Message -----
> > From: <cash@xxxxxxxxxxx>
> > To: <omega-list@xxxxxxxxxx>
> > Sent: Sunday, August 12, 2001 6:40 PM
> > Subject: Buy this bar on OPEN?
> >
> >
> > : On a 1 minute chart, I need to be able to be on the
> first bar of the day
> > and if the opening price meets my criteria, I need to
> place a buy order for
> > the stock at that price.
> > :
> > : On this same chart, I also have the daily data of the
> same symbol as data2
> > :
> > : If date <> date(1) then { it's start of the day }
> > : begin
> > : If (Open < Close(1) of Data2 - 1) then buy("Long Open")
> at open of this
> > bar;
> > : end;
> > :
> > : But I don't think that works. The problem is that I
> need to base my
> > decision to buy on the opening on data that I won't know
> until the opening.
> > In the real world, my strategy for doing this would
> obviously be different,
> > but what I'm trying to do would
> > : work for backtesting. Can anyone tell me what do I need to do to
> > accomplish this objective?
> > :
> > : Thanks,
> > :
> > : Cash
> > :
> > :
|