Indicator Functions and BackTesting on Open Price Only
Just a quick question. If I am backtesting an EA on the Model: Open Prices Only and I then use technical indicator functions(i.e iBands); what would happen if I set the shift argument to zero. What would the indicator value be (Value of the indicator on open?)?
- iBands apply to other indicator value, not price
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TraderTogami: Just a quick question. If I am backtesting an EA on the Model: Open Prices Only and I then use technical indicator functions(i.e iBands); what would happen if I set the shift argument to zero. What would the indicator value be (Value of the indicator on open?)?
Yes, it would be the value of Close = Open = High = Low.
Fernando Carreiro:
Yes, it would be the value of Close = Open = High = Low.
Thank you!
Yes, it would be the value of Close = Open = High = Low.
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