Hello, I try to "Back Test" a simple strategy. In a sideways trend with a sample bands: - open long position when price goes to the bottom band, just at this level; - open short position when price goes to the bottom band, just at this level; - take small profit.
I created a sample code for this strategy ( see the AFL code below), but when I back-test it, I obtain a lot of ApplyStop/stopTypeProfit false signals, as shown on the picture http://img16.imageshack.us/img16/8628/94786203.gif Can somebody help how to solve this problem ? Best regards Rem -------- ApplyStop(stopTypeProfit, stopModePoint, 10*TickSize, 1); bottomLevel = Open - 10*TickSize; // = Buy level Buy = bottomLevel >= Low ; BuyPrice = bottomLevel ; topLevel = Open + 10*TickSize; // = Short level Short = topLevel <= High ; ShortPrice = topLevel ; Cover= Buy ; Sell= Short ; CoverPrice= IIf( bottomLevel >= Low, BuyPrice, Close); SellPrice= IIf(topLevel <= High, ShortPrice, Close); Plot(topLevel, "topLevel", colorRed); Plot(bottomLevel, "bottomLevel", colorGreen);
