[amibroker] Re: Simple Buy and Hold System

["Walter Lepore" <electricwally77@xxxxxxxxx>]

Hi Brian

I thank you for helping.

Based on your advice, here is the code I entered...

_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g,
Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC(
C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle |
ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();


Buy = 1;
Sell = 0;

I clicked "apply indicator" in the formula window and completed a back
test but received some strange results. My trade list in the AA window
shows 5 trades total. Under the trade column, the first trade says
"OUT". 2nd trade says "Long", 3rd trade says "Out", 4th trade says
"Long" and the 5th trade says "Out".

I clicked "show actual trades" and it shows a red arrow on bar 1 and a
green and red arrow on bar 11,560 and a green and red arrow on bar
11,561. 

There are 11,561 bars total (daily data from 1962 to 2007)

Hope you can help please

Thanks Brian
Walter


--- In amibroker@xxxxxxxxxxxxxxx, "brian_z111" <brian_z111@xxx> wrote:
>
> Walter,
> 
> There' more than one way - here's a simple one.
> 
> buy = 1;
> sell = 0;
> 
> There's an extended example in the files section of this message 
> board.
> 
> Files > CompareIndexToPortfolio
> 
> brian_z
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Walter Lepore" 
> <electricwally77@> wrote:
> >
> > Hi Members
> > 
> > Please bear with me. I am trying to write a simply Buy and Hold 
> system
> > using only one stock (HPQ-Hewlitt Packard). I'm using End of Day  
> data
> > and programming using the AFL Wizard . I've been at it for about two
> > hours but can't generate the results of a simple buy & Hold.
> > 
> > Obviously I'm doing something wrong.  There are a total of 11,561
> > Daily bars in the data I downloaded from Yahoo.
> > 
> > I've built several different formulas and none of them result in a
> > simple Buy and Hold when I backtest and run a report.
> > 
> > Can someone please tell me what the code is for a simple buy and 
> hold
> > please?
> > 
> > I assume there will only be an "Enter Long" but NO "Exit Long" since
> > I'm still holding. Correct?  
> > 
> > Thank you very much
> > Walter
> >
>




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