Ok, Thanks I think i got it. 
Here is the Correct version of it Hopefully, if any one wants to use it.
PositionSize = MarginDeposit = 1;
PointValue=1;
Buy = O<Ref(L,-1) AND H > Ref(L,-1);
BuyPrice=Ref(L,-1);
Sell = 0;
ApplyStop( stopTypeNBar, stopModeBars, 1);
SellPrice=O;

--- In [email protected], "Mike" <sfclimb...@...> wrote:
>
> Backtesting is definitely a good idea. But, you must backtest correctly ;)
> 
> At a glance, I see a couple of issues with your code:
> 
> 1. You cannot set your BuyPrice/ShortPrice to yesterday's values without 
> first verifying that that range has been hit.
> 
> In your code, you are saying to Buy if the Open is less than the previous 
> day's Low and setting your BuyPrice at the previous day's Low. However, if 
> the bar opened less than the previous day's Low and kept going *lower* you 
> will have overstated your BuyPrice. Same thing with your ShortPrice. Instead 
> you should be setting the value to Open.
> 
> 2. Your delay logic is not correct. You need to be careful with BarsSince. If 
> there are redundant Buy/Short signals since the first Buy/Short, your 
> Sell/Cover will always be relative to the most recent one (i.e. the redundant 
> signal that came *after* the original signal). As such your exit may only 
> trigger much later than you expect. See ExRemSpan for how to handle fixed 
> holding periods.
> 
> Mike
> 
> --- In [email protected], "haiguise" <sherif626@> wrote:
> >
> > K got it, Thanks. I guess I am just trusting the stats of Backtesting on 
> > some sites at face value and when I do it in amibroker, the whole system 
> > blows up and loses its entire equity even though the signals are good. 
> > --- In [email protected], "gariki003" <kcityg@> wrote:
> > >
> > > you can check if todays high rallied to yesterdays mid point; if the high 
> > > did not rallie then neither did any other price.
> > > 
> > > H > Ref(your_yesterdays_average,-1)
> > > 
> > > HTH
> > > -gariki
> > > 
> > > --- In [email protected], "haiguise" <sherif626@> wrote:
> > > >
> > > > Got It, Thanks. Here is What I did. Now I am wondering, How can I Check 
> > > > if The Price of Today's Bar Rallied to the Mid point of Yesterday's 
> > > > Bar. Is that even Possible. So If Yesterday's Bar was O-2 H-4 L-1 
> > > > C-2.5. I want to Make Sure that Today's Price rally to 3 Before I do a 
> > > > buy signal.
> > > > //Larry Williams OOPS Pattern
> > > > PositionSize = MarginDeposit = 1;
> > > > PointValue=1;
> > > > sellDelay = Optimize("sellDelay",1,1,50,1);
> > > > coverDelay=Optimize("coverDelay",1,1,50,1);
> > > > Buy = O<Ref(L,-1);
> > > > BuyPrice=Ref(L,-1);
> > > > Sell = BarsSince(Buy) == sellDelay; 
> > > > SellPrice = O;
> > > > Short = O>Ref(H,-1);
> > > > ShortPrice=Ref(H,-1);
> > > > Cover=BarsSince(Short)==CoverDelay;
> > > > CoverPrice=O;
> > > > Filter=Buy OR Sell;
> > > > 
> > > > --- In [email protected], "Tomasz Janeczko" <groups@> wrote:
> > > > >
> > > > > SetTradeDelays( 1, 1, 1, 1 );
> > > > > BuyPrice = Open;
> > > > > SellPrice = Open;
> > > > > 
> > > > > Best regards,
> > > > > Tomasz Janeczko
> > > > > amibroker.com
> > > > > ----- Original Message ----- 
> > > > > From: "haiguise" <sherif626@>
> > > > > To: <[email protected]>
> > > > > Sent: Wednesday, July 29, 2009 8:14 PM
> > > > > Subject: [amibroker] Exit on Next Day Open
> > > > > 
> > > > > 
> > > > > >I have been searching the message board for this answer but I seem 
> > > > > >to not be able to get an answer. I am creating a System what I 
> > > > > >want to do is Sell Today at the Open Price (Simple) and then Next 
> > > > > >Day Sell on the Open. How Do I write in AFL to sell Next Day. 
> > > > > >Thanks
> > > > > >
> > > > > >
> > > > > >
> > > > > > ------------------------------------
> > > > > >
> > > > > > **** IMPORTANT PLEASE READ ****
> > > > > > This group is for the discussion between users only.
> > > > > > This is *NOT* technical support channel.
> > > > > >
> > > > > > TO GET TECHNICAL SUPPORT send an e-mail directly to
> > > > > > SUPPORT {at} amibroker.com
> > > > > >
> > > > > > TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
> > > > > > http://www.amibroker.com/feedback/
> > > > > > (submissions sent via other channels won't be considered)
> > > > > >
> > > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> > > > > > http://www.amibroker.com/devlog/
> > > > > >
> > > > > > Yahoo! Groups Links
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>


Reply via email to