Thanks Graham - I'll look into the custom backtest code.


--- In [email protected], Graham <kavemanpe...@...> wrote:
>
> "~~~EQUITY" is only produced after the backtest is complete so cannot
> be used in the main AFL.
> You can only address this as % of equity in the AFL either using
> positionsize = -10; or setpositionszie(10,spsequity), these only give
> basic instructions and will not change the trade size as you wish to.
> To change the size you need to use the custom backtest code, there are
> various example of this in the help files and the various internet
> locations, eg AB knowledge base etc.
> 
> 
> -- 
> Cheers
> Graham Kav
> AFL Writing Service
> http://www.aflwriting.com
> 
> 
> 
> 
> 
> 2009/5/22 spi_maker <ja...@...>:
> > Update: Thinking the problem might be due to circularity involved between 
> > ~~~EQUITY and SetPositionSize, I tried putting the operative statements in 
> > a loop:
> >
> > for (i = 1; i < BarCount; i++)
> > {
> >    Indicated_Shares[i] = TheEquity[i] / Open[i];
> >    ThePosition[i] = Min(Indicated_Shares[i], MaxShares[i]);
> > }
> >
> > Tested with and without the SetPositionSize inside of the loop - Still no 
> > results in the backtest - TRACE reveals that TheEquity stays at it's 
> > initial level throughout the entire loop
> >
> >
> >
> >
> > --- In [email protected], "spi_maker" <jarea@> wrote:
> >>
> >> Thanks Graham - Yes I did have that setting ticked and turning it off 
> >> solved the first problem.  Now if I can just figure out what I am doing 
> >> wrong in the second problem situation.
> >>
> >> Thanks again - Jim
> >>
> >> --- In [email protected], Graham <kavemanperth@> wrote:
> >> >
> >> > At a rough guess you have AllowPositionShrinking turned on
> >> >
> >> > --
> >> > Cheers
> >> > Graham Kav
> >> > AFL Writing Service
> >> > http://www.aflwriting.com
> >> >
> >> >
> >> >
> >> > 2009/5/22 spi_maker <jarea@>:
> >> > > I am trying to calculate a position size based on the current level of 
> >> > > equity built up, but I not doing this properly.
> >> > >
> >> > > I set up a situation to limit trades to a percentage of recent average 
> >> > > volume as:
> >> > >
> >> > > Vol_Limit = .05;
> >> > >
> >> > > MaxShares = MA(V, 10) * Vol_Limit * 1000;
> >> > >
> >> > > TheEquity = Foreign("~~~EQUITY", "C");
> >> > >
> >> > > Indicated_Shares = TheEquity / Open;
> >> > >
> >> > > The_Position = Min(MaxShares, Indicated_Shares);
> >> > >
> >> > > SetPositionSize(The_Position, spsShares);
> >> > >
> >> > >
> >> > >
> >> > > First Problem
> >> > >
> >> > > I was having difficulty getting working results so I set the position 
> >> > > size to a fixed amount as:
> >> > >
> >> > > SetPositionSize(500, spsShares);
> >> > >
> >> > > When I ran the backtest, it dutifully set the shares to 500 except 
> >> > > would randomly set the shares to 210, then 230, then 260, then 290 
> >> > > etc. in transactions 5, 16, 18, 30, etc.  Throughout 600 trades, 99% 
> >> > > of the share values are 500 and the rest are these odd values.
> >> > >
> >> > > I wonder if anyone has any idea what might be happening there.
> >> > >
> >> > >
> >> > >
> >> > > Second Problem is much simpler.  When I use the 
> >> > > SetPositionSize(The_Position, spsShares) in the backtester, I get no 
> >> > > results at all.  No trades, no nothing, which leads me to believe that 
> >> > > I am not using the ~~~EQUITY properly.
> >> > >
> >> > > Any insights would be greatly appreciated.
> >> > >
> >> > > When I backtested this
> >> > >
> >> >
> >>
> >
> >
> >
> >
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