How to do this?

[TraderChip]

I am creating a backtesting strategy & need some help.

I need to issue a BUY order if the high of the current bar exceeds the high of previous bar by 1 pt (min move in case of Euro Stoxx 50 futures contract) and I am using this peice of code to do it:

if (high() > high(-1)) {
Strategy.doLong("Long Entry",Strategy.LIMIT,Strategy.THISBAR,Strategy.DE FAULT,high(-1)+1);
}

so when will the fill occur? will it occur if the price falls back to high(-1)+1 again? how does this work in backtesting? If I just want to issue an immediate buy once the previous high is breached, can I use Strategy.STOP instead? If not how do I do it? I need to go LONG immediately after current high exceeds previous high.

Thanks in advance!

[jeffch]

Try the EFS board

Hi Chip,
You may want to post your question on the EFS board:

EFS board

The EFS forums may be able to help with EFS questions better than this general 7.X board. Hope this helps.