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Well.
There is nobody that will deliver you the money. Once I use data that is
looking into the future and I am trying to trade I do not receive
signals. As Gary pointed out:
If PriceOpen (bar + 1) > PriceClose (bar) then
BuyAtClose (bar, '');
Will not produce any signals, in other words, no money for you.
Volker
||-----Ursprüngliche Nachricht-----
||Von: Henry Amand [mailto:h.amand@xxxxxxxxx]
||Gesendet: Donnerstag, 2. Oktober 2003 09:22
||An: omega-list
||Betreff: Re: AW: next day open DLL
||
||Roger Shepherd wrote:
||
||> Hello VK,
||> Of course it is a good idea. For backtesting purposes; however, if
||> your software doesn't have TS's logic restrictions maybe it's not
||> required. Either way, good software should allow you to determine
||> at the close to enter on the next bar's open plus or minus whatever.
||
||That's not what VK is talking about.
||
||To put it very simple, VK is refering to the ability of WLD to do
||something like this:
||
||If tomorrows open > today's close then buy on today's close
||
||I might have been the one pointing them out that i don't think
||it's a good idea that WLD has this capability by default. Reason
||for that is that even very experienced WLD coders sometimes
||make mistakes with it ! You can imagine what system results
||will be if you do it by accident. Since most coders are not
||experienced they make mistakes like that easily. I think
||software should, atleast by default, prefent from it (like TS does).
||
||Ofcourse, on the other hand, we all love people comming into
||the markets with systems that peek into the future knowing that
||those will be the guy's delivering us our money :-)
||
||Greetings
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