How to Enter Current Bar on Market Backtesting

[rajatheroyal 10]

i have eod data alone...and i want to buy if high of this bar is greater than high of yesterday...i want to buy on market as soon as previous day high is broken....is it possible to give such order? Tradestation seems to accept orders on close of the current bar it seems...is there a solution....

 

if H>H[1] then

 

buy at H[1] at current bar

 

this is all i want ....i dont have intraday data....

[zdo 20]

raja,

 

If you only have end of day data that does not update prices during the day then you can not accomplish "buy on market as soon as previous day high is broken" via TS system or with EL order placement objects

 

hth

 

zdo

[rajatheroyal 10]

thanks but i just want to backtest a system.in offline mode..for that only i am asking..i am not asking about real time orders and real trades...

 

I just want to backtest a simple system... which buys on the break of previous day high ...

 

if H> H[1] then

 

buy this bar at the high of previous bar;(but TS accepts only orders based on close of bar)

 

but i want to buy not on close but instead as soons as market breaks the high of yesterday ...so is it possible in tradestation ? if i had intraday data i could use [intrabarordergeneration=true] but since i have eod data alone whats the solution ....

Edited August 18, 2016 by rajatheroyal

[EasyTrader_I 10]

Hi rajatheroyal,

 

Buy ("LE") next bar at High Stop;

 

The Buy Order is placed at the High, and if the price next bar hits the High then it will take entry.

 

Let me know if that helps.

 

TSDevNYC