MACD Signal Buy at Open

[claudiocustodio]

Hello Everyone. This is a major doubt that I'm dealing with.

The system tester allows me to test the MACD buy Signal and execute a Buy order at the Open Market in the same day of the signal.
I mean, in real life, will I receive the buy signal at the Open?

Is there any way to analyze and antecipate the Buy signal one day before?

I'm not trying to go to the future, just trying to insert other indicators to detect the MACD Buy signal one day earlier, and then the next day, the day of the "real" signal I would buy at the open.

Many thanks in advance.

 

[rnr]

Hello CJ,

When dealing with stocks the data for each bar only contains price (Open, High, Low and Close) and volume so therefore every indicator is based on either price, volume or price & volume + time.:|

Understanding how an indicator is calculated will determine whether the system you are using is:-
Intra-day - entries and/or exits during the day or
End of Day (EOD) - entries and/or exits on the following day.

The System Tester needs to have a broad range of options to offer system design flexibility but it is up to the operator to choose the alternatives relevant to their system.

The MACD is based on Closing prices and therefore requires a delay of 1 bar for entries and exits.

Hope this helps,

rnr

 

[claudiocustodio]

Thank you very much for the Support Rookie. I'll be studing a lot more.

 

[ZEPPO]

Thank you very much for the Support Rookie. I'll be studing a lot more.

I would suggest that you visit this website then:
MetaStockTools.com
By the way, Jose Silva is one of the best MS programmer in the world, you could do worse than to contact him.

Eduardo.