Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Backscanner Trade-Based Trade Length Exit All Issue Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
cortner
Posted : Monday, November 17, 2014 10:46:19 AM
Registered User
Joined: 4/13/2014
Posts: 11

When running backscanner with a Trade-Based Rule to Exit all 'X' Bars from now...

The results do not come out correctly if my Buy condition hits more than once before the Trade-Based exit rule occurs. When this happens it resets the Trade-Based Exit rule and results with some of my backscanner trades lasting much longer than the desired exit time and skewing my overall scan results.

How can I prevent this from happening?

 

Thanks,

Cortner

Bruce_L
Posted : Monday, November 17, 2014 10:58:45 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If the Exit All is being extended because the Entry condition is true on the same bar as Exit All, you may be able to correct this by setting the Exit All higher in the BackScanner list than your Entry condition.

If it is actually extending the Exit All every time an Entry is met (and not just when they are true on the same bar), there really isn't anything simple you could do to get different behavior.

The complicated thing to do would be create a chart condition for the Exit All instead of using a Trade-Based-Rule. But there is no built in way for your chart conditions to know the status of the trade. You would need to completely replicate the entire BackScan in the condition to know when a trade has actually happened.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
cortner
Posted : Monday, November 17, 2014 11:58:37 AM
Registered User
Joined: 4/13/2014
Posts: 11

Switching the order in the backscanner worked!

As always, thank you for you support and I appreciate how quickly you repsond to questions.

-Cortner

 

Bruce_L
Posted : Monday, November 17, 2014 12:21:59 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.