Hi, I need some help with backtesting a trading system I am considering using:
I have a data feed for 15min GBPUSD data. I class each day at starting at 14:00 and ending at 13:45 the next day. My buy point for the next day is the midpoint of the previous day: (High from previous 14:00 to 13:45 today) + (Low from previous 14:00 to 13:45 today) / 2 My direction of trading is determined by my position to this buy point. If the current price is below, I go long the next at the midpoint. If the current price is above, I go short the next day at the midpoint. I only set one order per day. I am scalping profits, so intend to set my limit sell 1-5 points above my buy point (if going long), or 1-5 points below my buy point (if going short). The same with a stop loss: 1-5 points below buy point if long, etc My questions are: 1. What is the code for this? 2. Is it possible to test different levels for limit sells for profit (ie. 1 point above buy point, or 5 points above buy point if long, etc)? 3. Is it also possible to test different levels for stop loss (eg: 1- 5 points below buy point if long, etc) Thanks - alex