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Controlling exit price in BackScanner Rate this Topic:
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SunriseMan
Posted : Friday, April 30, 2010 1:08:42 PM
Registered User
Joined: 11/30/2009
Posts: 29
Is there any way to cause BackScanner to simulate selling a position at a particular price? For example, suppose my trading plan is that each day I'll set a limit order to sell when the stock hits the prior day's 21-day moving average. I can easily make a rule to test if "Price.High > MA.Last(1)" to trigger a sale. However, the open, close, high, and low prices for the bar may all be far away from the point at which I would have sold, so none of those give an accurate reflection of how the system would work.
Bruce_L
Posted : Friday, April 30, 2010 1:13:16 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
There is no way to Execute a Trade at anything besides the Open, High, Low, Close or Midpoint of the Bar specified in the Rule in the current version of BackScanner.

It should be noted that BackScanner is set to undergo an overhaul once StockFinder 5 exits beta.

-Bruce
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