[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: timed exits - anyone know how?



PureBytes Links

Trading Reference Links

Alexander:

>Does anyone know how to do the following?
>
>if the current bar is the entry bar and condition A is true then 
>setprofittarget (x) 

if BarsSinceEntry = 0 and conditionA = true then setprofittarget(x);
    
>if the current bar is the entry bar and condition A is false then 
>setprofittarget (y) 

See above, make appropriate changes.

>if the current bar is any bar beyond the entry bar then 
>setprofittarget (y) 

if BarsSinceEntry > 0 then setprofittarget(y);

>I use momentum of data2 (on a shorter timeframe of the same symbol) 
>to determine condition A.

conditionA = momentum(Close of data2, length);

>All my various attempts have generated excellent backtest results 
>that would not hold true AT ALL in real time trading...

Have you set the commission and slippage for your strategy?

-- 
  ,|___    Alex Matulich -- alex@xxxxxxxxxxxxxx
 // +__>   Director of Research and Development
 //  \ 
 // __)    Unicorn Research Corporation -- http://unicorn.us.com