NextOpen20 Question

[Ernie Bonugli <ebonugli@xxxxxxxx>]

list,

Would  someone  please  comment on the usage of the NextOpen
dll?  I hate to go forward on blind fate.

a) How  does  it work?
b) Are  TS  backtesting  results valid when the signal uses
NextOpen?
c) Does anyone have documentation for it?
d) Is anyone using it under TS7?

I use it as follows:

   var: NxOpen(0);
   if date=lastcalcdate then NxOpen=0 else NxOpen=NextOpen20;
   .
   .
   buy Next Bar at NxOpen + afactor  stop;
   .
   .

Thanks,
Ernie
ebonugli@xxxxxxxx