Days Held Question

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Days Held Question

Postby gmg733 » Thu Jun 19, 2014 8:09 pm

I'm looking at a strategy to buy market open next day and then sell market open next day. So my exit would look like $daysheld =1 or could it be $daysheld > 1?

And then my Order types would simply be Market ref(open,1)

So Monday trigger would be a Tuesday open buy and a Wednesday open sell.

I'm looking at getting as close to day trading as I can without actually doing it intraday.

Thanks.
gmg733
 
Posts: 44
Joined: Sat Jun 01, 2013 3:35 pm

Re: Days Held Question

Postby Overload » Fri Jun 20, 2014 8:23 am

In general, I like to use "$daysheld >= 1" so that the trigger will be active the first day, and any days after that just in case. Your order types look correct, in that you'll be buying at the open on the days immediately following the signals. My only suggestion is to confirm the Days Held by looking at the Trades tab in the Detailed Analysis and making sure the DaysHeld column is always 1. If not, there could be some code in your Exit String that is forcing some trades to be held longer.

Pete
Overload
 
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Joined: Wed Nov 30, 2005 12:14 pm

Re: Days Held Question

Postby gmg733 » Fri Jun 20, 2014 8:56 am

I checked it and it says average days held is 1. So it seems to be doing its job.

Thanks.
gmg733
 
Posts: 44
Joined: Sat Jun 01, 2013 3:35 pm


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