I’m responding to this topic Eugene closed:
WL7 behaves no differently than WL6. Like Cone said, a bar can be analyzed once complete and then an action take that can result in an order placed on the following bar. That order can be a limit or stop order with a price that would cause the order to execute at some point during that bar’s formation.
We currently don’t have a hook to process a bar while it is being formed. We’d have to figure out how that could work, maybe a hook into the streaming update? Such a hook is technically possible but it would make such strategies impossible to backtest. And WL is at its core a tool to develop and backtest mechanical trading systems.
QUOTE:
Okay, maybe I put it wrong, but the bottom line is that with the same logic, WL6 opens a trade 1 bar earlier than WL7. Maybe WL6 has a crystal ball ? ))
WL7 behaves no differently than WL6. Like Cone said, a bar can be analyzed once complete and then an action take that can result in an order placed on the following bar. That order can be a limit or stop order with a price that would cause the order to execute at some point during that bar’s formation.
We currently don’t have a hook to process a bar while it is being formed. We’d have to figure out how that could work, maybe a hook into the streaming update? Such a hook is technically possible but it would make such strategies impossible to backtest. And WL is at its core a tool to develop and backtest mechanical trading systems.
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