Graham,

I was afraid it would come to that.
I will try that path when I have way too much time on my hands.

Thanks,
-CS

  ----- Original Message ----- 
  From: Graham 
  To: [email protected] 
  Sent: Friday, May 29, 2009 8:56 PM
  Subject: Re: [amibroker] Using Equity to Compute Position Size





  Using Equity() or foreign(~~~EQUITY...) to change trade size during a
  backtest is useless and should never be done in portfolio backtest
  Equity() is only the value for single symbol over the entire history
  and not feasible in a portfolio backtest simple because it is not the
  equity size for a portfolio backtest, and it assumes every trade entry
  signal is taken.
  ~~~EQUITY is composite symbol produced after a backtest has been
  completed. The moment a positionsize is changed using this symbol then
  the ~~~EQUITY symbol values are wrong because the equity will change
  due to the altered trade results for the change trade sizes.

  You can only alter the positionsize based on backtest results, ie
  equity size, by using the Custom Backtest code.
  There are examples of this in the various web sites devoted to code help.

  Go to the help manual and read up a bit more on Portfolio Backtesting
  and in particular the Portfolio Backtester Interface Reference Guide.

  -- 
  Cheers
  Graham Kav
  AFL Writing Service
  http://www.aflwriting.com


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