StockFetcher Forums · General Discussion · Does backtesting use intraday data?<< >>Post Follow-up
chip
67 posts
msg #57505
Ignore chip
12/4/2007 9:13:49 AM

Please forgive what will seem to be a stupid question from a new guy ....

Does backtesting use intraday data when calculating entry and exit?

For instance, say my filter selected a single stock, XYZ and I had a conditional entry defined for open * 0.90 and an exit of profit stop of 5%. So if XYZ drops 10% I want to buy it, then sell when it's made 5%. Say the stock opened at 100. I want to buy if it hits 90, sell at 94.5. When the backtest shows entry and exit on the same day, can I be sure that it detected my entry condition of 90 before the exit condition of 94.5, and that the stock hadn't actually just made it's way down to 90 during the day, going through 94.5?

StockFetcher Forums · General Discussion · Does backtesting use intraday data?<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus