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Hello Tomasz and all!
Happy New Year, new Century, and New Millennium!
I think the following additions will improve the Back-testing feature of
AmiBroker:
1) Ability to specify buy and sell price. Something like 'buyprice' and
'sellprice' arrays (My apology for repeating this request - it was
previously expressed in the message sent directly to Tomasz)
2) Separate offsetting position from opening another one. I mean ability to
separate sell closing long position from sell opening a short position.
Without this feature I do not thing it's possible to test longs and shorts
in one shot.
3) Ability to filter out excessive buy and sell signals, i.e. the repetitive
signals which are ignored by the back-testing system, but still displayed by
Guru Commentary. This is important if my stop loss or target is calculated
based on the entry price. Any excessive buy/sell signals (even if they are
ignored by the back-testing system) result in recalculation of that value.
4) Ability to fill the array with particular value starting from the date
when another array has 'true' value. This is important for implementation of
trailing stop losses.
5) Ability to specify programmatically whether the repetitive buys/sells
(i.e. multiple buys before the first sell) should be ignored. Sometimes one
would like to add to the position when additional entry signal is
generated). It'd be also good to be able to specify what to do if buy and
sell signals happen at the same day (this can happen if your exit criteria
is based on the specific target price or the number of days since entering
the trade)
Probably some of the requested features can be implemented using the current
AFL functionality. It would be great if you can point me out for the way to
do it.
Thank you,
Dima.
-----Original Message-----
From: Tomasz Janeczko [mailto:tjaneczk@x...]
Sent: Friday, December 29, 2000 4:39 AM
To: amibroker@xxxxxxxxxxx
Subject: Re: [amibroker] Profit Taking?
Hello,
> My question is this: Is there a way to have AmiBroker set the sell
> price at the profit level, instead of the close, high, low, etc. of
> the day? For example if I buy at the close when XYZ = 100, and
> profit level is 3%, I want to sell at 103. If the next day the high
> of the day was higher than 103 (say 105), but the close was 102,
> AmiBroker sells me at 102, NOT 103 (my intended profit taking level).
Currently you can only set your exit price at one of open,close,high,low
("Settings" button in Auto-Analysis)
"Intra-day" stops will be implemented in the future.
BTW: I received some valuable feedback from all of you about
back-testing feature of AmiBroker - thank you and still want to hear more!!!
If you have any idea for improving back testing module (or any other
part of AmiBroker) please don't hesitate to write me.
Also - I have to update TODO list on my site since it is now obsolete.
A new version which is coming in January has a lot of features not included
on the to-do list. These are mostly the things that all of you suggested!
> BTW, I love this software!!!
Thanks! I hope that you will love it more seeing all your wishes coming up
in the future versions !!!
Best regards,
Tomasz Janeczko
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AmiBroker - the comprehensive share manager.
http://www.amibroker.com
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