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> You can write some systems that take intraday trades using EOD data
> but if you also use money management stops and profit targets you
> may never be sure that the results are accurate. TS does not have
> knowledge of the timing of the intraday moves and your exit
> techniques may be incorrectly reported.
In this case it's not a TS limitation, of course. If you're
using EOD data, the intraday moves cannot be known. All you know
is OHLC. If you have more than one stop within the bar -- for
example, a profit target and an MM stop -- you can't know which
one was hit first.
If you have higher-res data, e.g. tick data or 5min ASCII data or
something like that, TS2k, TS6, and TS7 can build daily bars from
that data AND use the "inside-the-bar" information to execute
your stops correctly.
Gary
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