Yes, two accounts will be needed. It is just a thought - if you look at a daily candle from the open (esp. on the FX), most days it moves at least 5-10 pips or more from this position in both directions. Therefore, if you have a good chance of snagging 10-15 pips a day, that's a good start!
However ... like I said, it is only a thought - and it's a shame AB will not process dual instructions on one bar. I could do seperate long/short tests, but it makes life more awkward. AC --- In [email protected], "dbw451" <[EMAIL PROTECTED]> wrote: > > I'm guessing that most brokers will not allow you to do this, especially in > a single account. I specifically setup multiple accounts with Interactive > Brokers to be able to trade both sides of the market at the same time. The > first time I tried to do it, Interactive Brokers would not allow me to > execute an opposite direction trade in my second account giving me a message > that it violated some SEC rule. However you can probably get around this if > you trade two accounts at two unrelated brokers. Maybe the rules are > different in other countries. The way I handle trading both directions now > is to trade related securities in opposite directions (e.g. for US index > futures: YM, NQ, ER2, ES) although I rarely have the need to do it. Over > the last year, I did it the 3 times to hedge my open positions the days the > CBOT exchange crashed. > > > > Since your long and short trades are independent of each other, why not > divide your initial equity in half and test the long and short trades as > separate systems? > > > > Regards, > > > > David > > > > _____ > > From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf > Of dralexchambers > Sent: 04/16/2007 3:05 PM > To: [email protected] > Subject: [amibroker] Help needed! - Can't Buy and Short on the same bar > > > > Hi, > > I am testing an intrday trading system where I place a buy order and > a short order together on the 14:00 bar. I then set a stop loss for > each order at 20 points and a take profit order at 10 points. > > However, Amibroker doesn't seem to execute both buy and sell orders > on this bar in the backtester. It only executes a buy or a sell > order, and never both at 14:00 - even though there are valid short > and long entries on the 14:00 bar. > > Can anyone help, > Alex > > Here is a summary of my system, as the system code is very long: > > [on 14:00 bar] > Buy = 1; > Short = 1; > BuyPrice = Open + 2 points; > ShortPrice = Open - 2 points; > > [for every bar after 14:00 each day] > Sell if low of bar < LongStopLoss > sell if high of bar > LongTakeProfit > > cover if high of bar > ShortStopLoss > cover if low of bar < ShortTakeProfit >
