Thanks Mike,

I'll check it out.

On Sun, Feb 14, 2010 at 8:35 AM, Mike <[email protected]> wrote:

>
>
> http://finance.groups.yahoo.com/group/amibroker/message/136986
>
> Mike
>
>
> --- In [email protected] <amibroker%40yahoogroups.com>, "Adrian"
> <adrian.mollenho...@...> wrote:
> >
> > I see in here alot of examples of pair trades, based on a watchlist of
> pairs, however I want to hedge all my trades against a single symbol - the
> SPY.
> >
> > I have my watchlist of SP500 symbols, and I want to be able to backtest
> Excess returns. So for every Long, I want to be short SPY and every short, I
> want to be long SPY.
> >
> > I have tried 'SetForeign' with the following, but it never issues a SPY
> short:
> >
> >
> > Buy = c==hhv(c,300);
> > BuyPrice = C;
> > Sell = BarsSince(Buy) ==6;
> > SellPrice = C;
> > PositionSize = -10;
> >
> > SetForeign("spy",True,True);
> > Short = Buy;
> > ShortPrice = C;
> > Cover = Sell;
> > CoverPrice = C;
> > RestorePriceArrays(True);
> >
> > Any thoughts on how to take an opposite position on SPY to the long
> trade?
> >
> > Adrian
> >
>
>  
>

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