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[USER=22730]@Lone Wolf[/USER] there are advantages & disadvantages to using either method to generate signals.The "advantage" of using a backtest "Detail Log" for signalsOnly the signals to be actioned are displayed in the portfolio. Guesswork or "additional checks" are not required.The "disadvantage" of using a backtest "Detail Log" for signalsAmibroker has full control over which signals make it into the portfolio & fudges (re-calculates) the buy price as well as the number of shares purchased after the market has opened. Once a position is in the portfolio (Detailed Log) it "restricts user intervention" to correct the records. Positions may not have been taken for a variety of reasons being the opening price exceeded my buy price limit (gap ups) or because the position didn't trade on Monday because of a "Trading Halt" or the position fell fowl of the Trading Plan. It should be noted that a trading plan overrides a trading strategy.Backtest Detail Log (today at 1 pm)This report displays "only the signals" for inclusion into the 10-position portfolio. At this stage, the share price & the number of shares to buy are sourced from the opening of the previous bar (one week old). The price for the calculations is not reflective of the closing price at 2 pm today.[ATTACH=full]132437[/ATTACH]The "advantage" of using the Exploration Analysis for signalsThe Exploration Analysis can produce any display of your choice as your exploration can be coded making metric more "visual" thus making trading easier. The analysis can be colour coded & sorted into columns making the process a breeze.The "disadvantage" of using the Exploration Analysis for signals (today at 1 pm)Unfortunately, it displays all raw signals & "user intervention" is required when it comes to selecting only the required number of buy positions to fill the "PositionSize" of your portfolio. Also, the explorational analysis displays all the raw sell signals that need to be manually evaluated in relation to their inclusion in the portfolio. Using the exploration Analysis for signals is similar to being at a cafeteria - it's up to you to pick & choose the signals that are applicable to the holding in your portfolio.[ATTACH=full]132439[/ATTACH]Skate.
[USER=22730]@Lone Wolf[/USER] there are advantages & disadvantages to using either method to generate signals.
The "advantage" of using a backtest "Detail Log" for signals
Only the signals to be actioned are displayed in the portfolio. Guesswork or "additional checks" are not required.
The "disadvantage" of using a backtest "Detail Log" for signals
Amibroker has full control over which signals make it into the portfolio & fudges (re-calculates) the buy price as well as the number of shares purchased after the market has opened. Once a position is in the portfolio (Detailed Log) it "restricts user intervention" to correct the records. Positions may not have been taken for a variety of reasons being the opening price exceeded my buy price limit (gap ups) or because the position didn't trade on Monday because of a "Trading Halt" or the position fell fowl of the Trading Plan. It should be noted that a trading plan overrides a trading strategy.
Backtest Detail Log (today at 1 pm)
This report displays "only the signals" for inclusion into the 10-position portfolio. At this stage, the share price & the number of shares to buy are sourced from the opening of the previous bar (one week old). The price for the calculations is not reflective of the closing price at 2 pm today.
[ATTACH=full]132437[/ATTACH]
The "advantage" of using the Exploration Analysis for signals
The Exploration Analysis can produce any display of your choice as your exploration can be coded making metric more "visual" thus making trading easier. The analysis can be colour coded & sorted into columns making the process a breeze.
The "disadvantage" of using the Exploration Analysis for signals (today at 1 pm)
Unfortunately, it displays all raw signals & "user intervention" is required when it comes to selecting only the required number of buy positions to fill the "PositionSize" of your portfolio. Also, the explorational analysis displays all the raw sell signals that need to be manually evaluated in relation to their inclusion in the portfolio. Using the exploration Analysis for signals is similar to being at a cafeteria - it's up to you to pick & choose the signals that are applicable to the holding in your portfolio.
[ATTACH=full]132439[/ATTACH]
Skate.
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