Intra-Bar Order Generation, Bar Magnifier on Non-Standard Chart Types: Difference between revisions
From MultiCharts
Intra-Bar Order Generation, Bar Magnifier on Non-Standard Chart Types (view source)
Revision as of 12:24, 12 April 2012
, 12 April 2012no edit summary
(Created page with "Category:Non-Standard Chart Types") |
No edit summary |
||
Line 1: | Line 1: | ||
[[Category:Non-Standard Chart Types]] | [[Category:Non-Standard Chart Types]] | ||
==Intra-Bar Order Generation in Backtesting== | |||
Intra-Bar Order Generation mode allows generating orders within a bar. In backtesting Intra-Bar Order Generation is limited by four calculations per bar: '''Open''', '''High''', '''Low''', '''Close'''. | |||
Historical Intra-Bar calculation of the strategy is divided into 4 segments: | |||
# (Open), | |||
# (Open-High), | |||
# (High-Low), | |||
# (Low-Close). | |||
Calculation of the '''“Buy next bar at market”''' strategy is done as follows: | |||
# calculation on the '''first''' bar segment ''(Open)'' and generation of a market order on Open = Low of the next bar segment. | |||
# calculation on the '''second''' bar segment ''(Open-High)'' and generation of a market order on Open = High of the next bar segment. | |||
# calculation on the '''third''' bar segment ''(High-Low)'' and generation of a market order on Open = Low of the next bar segment. | |||
# calculation on the '''fourth''' bar segment ''(Low-Close)'' and generation of a market order on Open of the next bar. | |||
Calculation of the '''“Buy this bar at Close”''' strategy is done the same way as with Intra-Bar Order Generation off, i.e. the orders will be generated on the Close of the current bar. | |||
Calculation of the strategy that generates '''price orders''' will be performed the same way, but the generation of price orders will be limited by ''Stop'' or ''Limit'' conditions. | |||
'''Bar Magnifier''' is essential for more detailed calculation of the strategy on historical data. | |||
'''Bar Magnifier''' with '''Intra-Bar Order Generation''' ON allows a strategy to be calculated not only four times per bar (using OHLC data as with only Intra-Bar Order Generation ON), but as many times as there is detailed data. | |||
==Intra-Bar Order Generation in Real-Time Calculation== | |||
'''Intra-Bar Order Generation''' mode allows the strategy to generate orders within the bar. In this case the calculation of the strategy is made on every tick of the bar. | |||
{| class="wikitable" | |||
|- | |||
! | |||
! BackTesting + IOG | |||
! BackTest + Bar Magnifier + IOG | |||
! Real-Time + IOG | |||
|- | |||
! Regular | |||
| As described above | |||
| As described above | |||
| Strategy calculation is done on every tick of a bar. | |||
|- | |||
! Point & Figure | |||
| X column is specified as: (Open), (Open-Low), (Low-High), (High-Close). | |||
O column is specified as: (Open), (Open-High), (High-Low), (Low-Close). | |||
| Bar Magnifier is not available | |||
| Strategy calculation is done on every tick of a bar. | |||
|- | |||
! Kagi | |||
| Up-going bar is specified as: (Open), (Open-Low), (Low-High), (High-Close). | |||
Down-going bar is specified as: (Open), (Open-High), (High-Low), (Low-Close). | |||
| Bar Magnifier is not available | |||
| Strategy calculation is done on every tick of a bar. | |||
|- | |||
! Renko | |||
| Up-going bar is specified as: (Open), (Open-Low), (Low-High), (High-Close). | |||
Down-going bar is specified as: (Open), (Open-High), (High-Low), (Low-Close). | |||
| Bar Magnifier is not available | |||
| Strategy calculation is done on every tick of a bar. | |||
|- | |||
! Line Break | |||
| Up-going bar is specified as: (Open), (Open-Low), (Low-High), (High-Close). | |||
Down-going bar is specified as: (Open), (Open-High), (High-Low), (Low-Close). | |||
| Bar Magnifier is not available | |||
|Strategy calculation is done on every tick of a bar. | |||
|- | |||
! Heikin Ashi | |||
| Same as on Regular Chart Type. | |||
| Bar Magnifier is not available | |||
| Strategy calculation is done on every tick of a bar. | |||
|} |