> --- In [email protected]
>"Tim" timothymcsweeney3@
> wrote:
> When I back test my system which uses end of day data (open, high,
> low, close)and I'm making a buy at open based partly on the RSI
> indicator, is the RSI value correct (in backtest) at the opening?
> high?
> low? and close? The reason I ask is because my RSI indicator chart
> only looks like the value at close.
>
> Hi.
>
> The RSI value is correct for the day of data you supplied.
> Realistically you cannot buy the open price using the "same day"
RSI
> value that was acquired from the close price (to the best of my
> knowledge). The RSI will change value but only if you supply new
EOD
> data at the end of the day or data supplied "intraday".
>
> Set trade delay to buy on open next day. [;;)]
