Hi Brian I appreciate all your help. I'm slowly reading and trying to understand all that you have presented. Please give me some time to figure all this out. I went into my settings in the AA window and I am making some changes.
First thing I noticed was that "min. shares" was set to .01 I changed it to 1. I'm reading through some help files as well (in regards to the AA window "settings" button.) I just wanted to send you this quick note to let you know I'm working on it. Thank you again Walter --- In [email protected], "brian_z111" <[EMAIL PROTECTED]> wrote: > > Walter, > > Backtesting in the AA window is a simulation of real trading > conditions - the trade requires an intitial equity and a setting for > the minimum size allowed (one share or part of a share) plus other > settings. > > In my example PDF file I show where and when I accepted the defaults > or changed them (the file is not exact or the be all and end all - it > only attempts to convey the main principles involved). > > Using a small training database I selected a symbol that had an > opening close price of 28.01. > > The I ran the following in AA - with the symbol selected as the > current symbol in the All Symbols list. > The AB defaults are accepted except for PositionSize and MinShares > and Intitial Equity i.e. buy is on the Close. > > Equity itself will be a compounded % of the ROC for 1 period on the > close. > Multiplying it by the starting close price adjusts equity so that it > is relative to the starting close. > > Note: Intitial Eq does not allow decimal places so I chose 1 dollar. > Then I allowed shares to be purchased in 1/10000th parcels so that > the 1 dollar equity could be apportioned by up to 4 decimal places > with accuracy. > > Filter = 1; > > //In AA settings Initial Equity = 1 > //Min shares = 0.0001 > //Run on all quotations > > PositionSize = -100; > > Buy =1; > Sell = 0; > > e = Equity(); > > AddColumn(e,"equity",1.6,1); > > Plot(e * 28.01,"Equity",1,1);//manually enter the starting close for > your symbol > > Since the plot simulates buying 1 * the opening close price it > exactly equals the price chart (which is what I would get if I bought > 1 share at the close of the first bar). > The number of bars doesn't matter since it is never sold in a buy and > hold (a little poetry there). > > The same thing can be done other ways: > > for example someone else provides this method ( I won't explain it > because it is not mine but I don't see any reason why that type of > approach wouldn't work). > > /* now buy and hold simulation */ > Short=Cover= 0; > Buy=Status(" firstbarintest" ); > Sell=Status( "lastbarintest" ); > SetTradeDelays( 0,0,0,0); PositionSize = -100; > ApplyStop(0, 0,0,0); > ApplyStop(1, 0,0,0); > ApplyStop(2, 0,0,0); > Plot( Equity( 0, -2 ), "Buy&Hold", -9 ); > } > > > brian_z > > --- In [email protected], "Walter Lepore" > <electricwally77@> wrote: > > > > Hi Brian > > > > I thank you for helping. > > > > Based on your advice, here is the code I entered... > > > > _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi % > g, > > Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC > ( > > C, 1 ) ) )); > > Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | > > ParamStyle("Style") | GetPriceStyle() ); > > _SECTION_END(); > > > > > > Buy = 1; > > Sell = 0; > > > > I clicked "apply indicator" in the formula window and completed a > back > > test but received some strange results. My trade list in the AA > window > > shows 5 trades total. Under the trade column, the first trade says > > "OUT". 2nd trade says "Long", 3rd trade says "Out", 4th trade says > > "Long" and the 5th trade says "Out". > > > > I clicked "show actual trades" and it shows a red arrow on bar 1 > and a > > green and red arrow on bar 11,560 and a green and red arrow on bar > > 11,561. > > > > There are 11,561 bars total (daily data from 1962 to 2007) > > > > Hope you can help please > > > > Thanks Brian > > Walter > > > > > > --- In [email protected], "brian_z111" <brian_z111@> wrote: > > > > > > Walter, > > > > > > There' more than one way - here's a simple one. > > > > > > buy = 1; > > > sell = 0; > > > > > > There's an extended example in the files section of this message > > > board. > > > > > > Files > CompareIndexToPortfolio > > > > > > brian_z > > > > > > --- In [email protected], "Walter Lepore" > > > <electricwally77@> wrote: > > > > > > > > Hi Members > > > > > > > > Please bear with me. I am trying to write a simply Buy and Hold > > > system > > > > using only one stock (HPQ-Hewlitt Packard). I'm using End of > Day > > > data > > > > and programming using the AFL Wizard . I've been at it for > about two > > > > hours but can't generate the results of a simple buy & Hold. > > > > > > > > Obviously I'm doing something wrong. There are a total of > 11,561 > > > > Daily bars in the data I downloaded from Yahoo. > > > > > > > > I've built several different formulas and none of them result > in a > > > > simple Buy and Hold when I backtest and run a report. > > > > > > > > Can someone please tell me what the code is for a simple buy > and > > > hold > > > > please? > > > > > > > > I assume there will only be an "Enter Long" but NO "Exit Long" > since > > > > I'm still holding. Correct? > > > > > > > > Thank you very much > > > > Walter > > > > > > > > > >
