backtesting

[osmar92]

Hi Alex
In calculating of return backtester take into consideration the opening price of the bar. How do I change that to a close or to actual value when the signal is generated.
Thanks

[ACM]

osmar92
You would use Strategy.CLOSE and Strategy.THISBAR to use the Close of the current bar
Alex

[osmar92]

Still

I had .MARKET changed to .CLOSE backtester still calculates open price

[ACM]

osmar92
Post your code or attach the efs so someone can give a look at it
Alex

[osmar92]

efs

posted efs files

[ACM]

osmar92
In lines 21 and 28 you still have Strategy.MARKET and not Strategy.CLOSE as I suggested in my prior reply. This is why it is using the Open and not the Close as the entry price.
Alex

[osmar92]

EFS

Alex
I know i want you to change to .Close and take a look if backtester changed calculations. I dont see it changed. Buy and Sell price are the same if you change to close from market

[ACM]

osmar92
I ran a back test on ES M5 daily before and after replacing Strategy.MARKET with Strategy.CLOSE and the entry prices shown in the Strategy Analyzer Report correctly changed from Open to Close as you can see in the two images below
Alex

[osmar92]

EFS

Alex
Sorry, you are absolutely right. What other choices besides .close and .market. Actually I need presice price when my condition met to execute strategy, it is not close or open. I takes open price when .market is used.
Appreciate it

[ACM]

osmar92
You could use Strategy.LIMIT. If you run a Search in this Bulletin Board using Strategy.LIMIT as the Keyword you will find several examples on how to use it
Alex

[osmar92]

efs

Alex
I changed .MArket to .LIMIT and back-tester showes only Zero's. Where do I plug in current price as limit in upon condition met
THanks
P.S. I search function but did not find what I need

[ACM]

osmar92
You can find that information and examples in this article in the EFS KnowledgeBase and in the Guide to Developing eSignal Strategies also in the KB.
Alex