Trying to create a price breakout EFS

[pghayad]

Hello,

I'm trying to work on an EFS that would have the following features:

- Entry Signal at a 20 day price breakout (ex: go long if the price on the 20th day is higher than the previous 19 days; go short if the price on the 20th day is lower than the previous 19 days)

- Exit Signal at a 10 day price breakout in the opposite direction

Would anyone have a base for this type of model?

Thanks!

[ACM]

Re: Trying to create a price breakout EFS

pghayad
I would suggest that you review the Back Testing Tutorials 1-3 which are available in the EFS KnowledgeBase in the Help Guides and Tutorials-> Beginner Tutorials folder.
Besides providing the required information (complete with detailed examples) on how to write a back testing system the tutorials actually use as the primary example a strategy that is similar to the one you outlined.
In addition to that you may want to review also this thread which discusses a similar strategy.
Alex

Originally posted by pghayad
Hello,

I'm trying to work on an EFS that would have the following features:

- Entry Signal at a 20 day price breakout (ex: go long if the price on the 20th day is higher than the previous 19 days; go short if the price on the 20th day is lower than the previous 19 days)

- Exit Signal at a 10 day price breakout in the opposite direction

Would anyone have a base for this type of model?

Thanks!