Thanks, for the reply. Please read my question more carefully. I understand what positonscore is suppose to do. Lets assume that I want to use the value of a variable var1 as a tiebreaker to enter into trades, so I set PositionScore = var1;. var1 takes on values from -100 to 100. If I understand it clearly, positionscore uses the absolute value of var1. Therefore, var1=-100 & var =100 have the same absolute value as tiebreakers. So my question is twofolds:
1. Is the above explation true? 2. if so, what is the merit of positionscore using absolute value? specially when I can use postionscore = abs(var1). --- In [email protected], "vlanschot" <[EMAIL PROTECTED]> wrote: > > Please read the manual more thoroughly: > > USING POSITION SCORE > > You can use new PositionScore variable to decide which trades should > be entered if there are more entry signals on different securities > than maximum allowable number of open positions or available funds. > In such case AmiBroker will use the absolute value of PositionScore > variable to decide which trades are preferred. > > Clearly AB needs to know which trade you want to enter if your > signals exceed your MaxOpenPos. Therefore the above default rule. Re > negative value, if this means in your trading rules that you want to > go short, this will still happen. All AB does (internally) is decide > BEFOREHAND which signals it accepts / cuts off. > > PS > If you want to change this, you need to use the CBT. > > --- In [email protected], "tipequity" <l3456@> wrote: > > > > Am I understanding correctly that position score is the ABSOLUTE > value > > of variable assigned to it? if so why the absolute value? what > should > > we do if the variable takes on negative variables? the following is > a > > quote from AB manual. > > > > "all scores are sorted according to absolute value of > PositionScore." > > >
