Thanks Tomasz.  I'm glad I understood that.  Scared me for a bit when
I thought my perception might be all wrong.


-- In [email protected], "Tomasz Janeczko" <gro...@...> wrote:
>
> Yes that statement is true for historical backtesting only.
> 
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message ----- 
> From: "mo_means_go" <mo_means...@...>
> To: <[email protected]>
> Sent: Saturday, December 13, 2008 6:41 PM
> Subject: [amibroker] Question on LastValue for Tomasz or others
> 
> 
> > Tomasz,
> > 
> > I found a reply you made to a post in September where you stated the
> > following:
> > 
> > 
> > "Yes, because LastValue DOES look into the future and it actually
> > looks ALL bars into the future.
> > The user's guide of course says about that
> > http://www.amibroker.comf?lastvalue
> > "Caveat: since this function fills an entire data array with the last
> > value of another array, it allows a formula to look into the
future. ""
> > 
> > Although I'm not sure I totally understand this, I assume this would
> > be true only in back testing and walk forward testing.  If used to
> > only take trading signals as they actually occur, the future is now. 
> > Am I correct that in fact it could be used in a trading system and
> > that it could be "back tested" by paper trading in present time? 
Thanks.
> > 
> > 
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