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how to set "Sell before the market is closed" in backtesting?
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how to set "must sell before the market is closed" in backtesting?
I am a day trader,so i have to sell before the market is closed.
Thanks for reading the post!
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Rank: Advanced Member
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Use a forward reference to the next bar to see if it has the same date; if not then the current bar is the last bar of that trading day, so close the position at the CLOSE price with zero delay. Of course, you cannot do this in real-life, but then again, back-testing doesn't necessarily portray what really happens in the market.
wabbit [:D]
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Rank: Member
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Joined: 11/2/2012(UTC)
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thank you!
could u give me the codes?
i am a very beginner to metastock :)
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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Have a look in the MS User Manual and the free Equis Formula Primer for how to use the Ref() and DayOfWeek() functions. Whilst looking in those documents, read the entire thing and see what other information is there waiting for you.
wabbit [:D]
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Rank: Member
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Posts: 15
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how to set "Sell before the market is closed" in backtesting?
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