ProBackTest BUY ORDER ON CURRENT BAR NOT NEXT BAR?

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    nick147
    Participant
    New

    Is there a way for ProBackTest to use the SAME bar and the ACTUAL order price of the buy order on a 1 minute timeframe?

    Some 1 minute bars are over 100 pips long such as the GBP/USD 13:30GMT 1 minute bar on Tuesday 13th December 2022 which went through R1 and R2 so when trying to buy AT R1, waiting until the next bar to open well above R2 is too late and misses the trade?

    Really appreciate any advice about this.

    #206144 quote
    GraHal
    Participant
    Master

    Were you using a pending order, for example …

    Buy at R1 Stop

    Alternatively you would need to  use a timeframe lower than 1 minute, e.g. 15 seconds or 5 seconds etc

    #206153 quote
    Nicolas
    Keymaster
    Master

    Place pending orders at the desired price, use STOP order (if you are below the desired opening price which is the case here).

    #206176 quote
    nick147
    Participant
    New

    Thank you both so much.

    I finally got it to work.

    Very much appreciated.

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ProBackTest BUY ORDER ON CURRENT BAR NOT NEXT BAR?


ProOrder: Automated Strategies & Backtesting

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This topic contains 3 replies,
has 3 voices, and was last updated by nick147
3 years, 2 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 12/21/2022
Status: Active
Attachments: No files
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