Bar + 1
Author: andyk364
Creation Date: 4/18/2009 7:37 AM
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andyk364

#1

4/18/2009 7:37 AM

Hello,
I notice that most of the entry/exit code includes within the bracket "Bar + 1". (eg. BuyAtClose(Bar + 1, etc..)
Can someone please explain, what does this do differently to just having "Bar" ? (eg. BuyAtClose(Bar, etc...)

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Eugene

#2

4/18/2009 7:52 AM

Bars, Loops, and Bar + 1

Although it belongs to the WL4 Knowledge Base, it fits WL5 perfectly.
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andyk364

#3

4/18/2009 8:14 AM

Thanks.
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andyk364

#4

4/18/2009 8:41 AM

I have read the link and understood that a reason to use "Bar+1" would be to avoid 'peeking'.

I'm only using 'AtClose' orders and believe that I can use just "Bar" without having any 'peeking' issues - is this correct?

What are the other trading implications mentioned in this extract from the linked article? -
"(AtClose orders are actually an exception to this rule, but use of this signal type has other trading implications.) "


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Eugene

#5

4/18/2009 9:16 AM

By the way, now in the WL5 Wiki:
Bars, Loops, and bar + 1

QUOTE:
I'm only using 'AtClose' orders and believe that I can use just "Bar" without having any 'peeking' issues - is this correct?

Yes.
QUOTE:
What are the other trading implications mentioned in this extract from the linked article? -

For example, see the WealthScript Programming Guide -

* Programming Trading Strategies > Peeking
* Programming Trading Strategies > Alerts - How to: Alert for AtClose Signals

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