I got the above description from the FAQ. My question is if I have an order below for backtesting:Here is how the calculation will be performed for MC 8.0 beta 3 and higher:
Scenario A: Calculation on historical data. Regular mode. No IOG. No Bar Magnifier.
The script is calculated on the bar close. It is considered that all prices were within the bar (Price movement assumption is used). Order filled on any price within the NEXT bar.
Code: Select all
buy next bar at StopPrice stop;
Also, the FAQ mentions that it is for MC 8.0. What is the situation with MC 7.4 which is what I am using?
Can anyone please confirm?