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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (8240)3/31/1998 11:58:00 PM
From: Jerry Meng  Read Replies (2) of 12039
 
Just one thought.

Say for example, if I want to
do system test, buy when stochrsi(14)
cross above 30, sell when stochris(14)
cross down 70.
So enter long: Cross(stochrsi(14), 30)
close long: Cross(70, stochrsi(14))

system test will enter long on SAME
day when stochrsi(14) cross above 30.
and exit when stochrsi(14) cross below 70.

But in reality, we enter long on NEXT
day after stochrsi(14) crossing above 30
and exit on NEXT day after stochrsi(14)
crossing below 70.

Should the system test be:
enter long: Cross(Ref(stochrsi(14) -1), 30)
close long: Cross(70, Ref(stochrsi(14), -1))
??

Jerry
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