logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
RaphiW  
#1 Posted : Thursday, June 20, 2013 3:50:22 AM(UTC)
RaphiW

Rank: Newbie

Groups: Registered, Registered Users
Joined: 3/24/2013(UTC)
Posts: 2

Dear all,

I just ran a few systems with 'Points only" and "100% of Initial Equity". Without going too much into detail, when using "points only" then the system executes all the signals, however when using "100% of Initial Equity" then some signals are left out.

It's exactly the same system in both test cases.

Anyone experienced this as well?

Many thanks for your help.
Cheers,
Raphael
haddison  
#2 Posted : Thursday, June 20, 2013 9:19:55 AM(UTC)
haddison

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
You have been a member since:: 3/6/2010(UTC)
Posts: 113
Location: London

The difference is more likely due to price changes between the time an order is placed and when it is executed. Therefore the order gets cancelled. Example:

Buy at next Open
Close Price: 500
Equity: 50,000
Units (calculated by Metastock): 100

Open next bar
Open Price: 505

You don't have enough equity to buy @ 505 anymore, so the order gets cancelled.

The easiest solution would be to backward reference you rules by one bar and execute at the current open instead of executing at the next open. That way Metastock will use the open price to calculate the number of units rather than the closing price. This is what I always do now, and I never get this problem anymore. This is mentioned in more detail in Sprunger's Guide to the Enhanced System Tester.
retireewill  
#3 Posted : Thursday, June 20, 2013 6:13:24 PM(UTC)
retireewill

Rank: Member

Groups: Registered, Registered Users, Unverified Users
Joined: 5/1/2012(UTC)
Posts: 25
Location: Sherman, Texas


Haddison, thanks for the Link. Much appreciated.
RaphiW  
#4 Posted : Thursday, June 20, 2013 7:40:49 PM(UTC)
RaphiW

Rank: Newbie

Groups: Registered, Registered Users
Joined: 3/24/2013(UTC)
Posts: 2

Dear Haddison,

Many thanks for the prompt reply. Appreciate that.

Will try it again.
Cheers,
Raphael
Users browsing this topic
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.