if open tomorrow < low[1]
then buy at Open tomorrow stop;
exitlong at Low[1] limit;
setstoploss(500);
setexitonclose;
the above strategy work well on TS, however when I put it on Multicharts complilation there is a lot of error.
Anybody has any idea. The concepts is a gap concept.
If today open is less then yesterday low, I will buy straight at market open.
Exit is when it hit yesterday low prices.
Stop loss of 500 and a exit at market close if neither the profit or stop loss is hit
any advise will be appreciated
backtesting signal question
- Stanley Miller
- Posts: 556
- Joined: 26 Jul 2005
- Has thanked: 3 times
ExitShort and ExitLong from TS 2000i syntax is not supported, you have to use Sell and Buy to Cover expressions from TS 8. Also you have to specify a bar for your signals:
if open tomorrow < low[1] then
buy at next bar at Open stop;
sell at next bar Low[1] limit;
setstoploss(500);
setexitonclose;
Please note that setstoploss and setexitonclose words are not supported so far.
if open tomorrow < low[1] then
buy at next bar at Open stop;
sell at next bar Low[1] limit;
setstoploss(500);
setexitonclose;
Please note that setstoploss and setexitonclose words are not supported so far.