Probacktest enters too late

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #160056 quote
    Stocks008
    Participant
    Average

    Good day,

    When I backtest a system, the market only enters on the next candle open. For example:

    If the price crosses over the high of the previous candle, the system will enter only after that candle has closed which is too late. I need the entry on the same candle breaking the high.

    Some tips would be greatly appreciated.

    Thank you

    #160059 quote
    Vonasi
    Moderator
    Master

    Use a STOP order rather than a BUY AT MARKET order.

    buy 1 contract at high stop

    This sends a pending order at the close of a candle to buy at the high price of the candle. The order lasts one bar.

    STOP (pending)

    LIMIT

    Stocks008 and Midlanddave thanked this post
    #160060 quote
    Stocks008
    Participant
    Average

    I will give it a try thank you.  🙂

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.

Probacktest enters too late


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
Stocks008 @jd008 Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by Stocks008
5 years ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 02/01/2021
Status: Active
Attachments: No files
Logo Logo
Loading...