Testing strategy with current quotes?

[Beauregard]

Hello

I developped a strategy and backtested the strategy. I hold positions for days or even weeks. Thefore I check only once a day, whether my strategy gives me a buy or sell signal.
My question: How can I run my strategy in that way, that it considers the current quotes (and not the "Close" of the day before)?

Thanks & Regards
Andre

[NinjaTrader_Ben]

Hello,

We do not recommend running your strategies unattended, however you can do so if you like. You would just leave the strategy running on your PC/NT. What issues are stopping you from doing this?

[Beauregard]

Well, in principle I just want to let it run with the most last quote. But my strategy refers the current "Close", such as IF fnc(Close[0])>1 THEN
I did not find out how I can let it run considering the most current quote (=Today on Sunday evening take the friday close, if I let it run on weekdays, take the last quote)

[NinjaTrader_Ben]

Hello,

Are you talking about backtesting or running the strategy going forward?

[Beauregard]

Hi

I am talking about going forward, if I understand you right...

I say it in other words:
1. I developped a strategy (with the script editor)
2. I backtested the strategy (daily base) --> One calculation per day
3. Sometimes I want to know during the day, what results my strategy would compute, if I take the most recent online quote
--> How to do that?

thanks
Andre

[NinjaTrader_JoshP]

Andre,

You can throw your strategy onto a daily chart and then run your strategy with CalculateOnBarClose = false and then it will tell you the calculations with the last day as well.

[Beauregard]

Hi

I tried to do that. I create a chart (Daily Bars) but it shows me only bars until 13.05.2010, but I would like to have considered the current quote now (e.g. 12:30 on 14.05.2010).
I am connected to yahoo.

regards
Andre

[NinjaTrader_RyanM1]

Hello Andre,

As Josh mentioned later, the yahoo service is a delayed end of day service. The 5/14/10 daily bar will not appear until the close of the day after they have published it. Earlier steps I had provided were not necessary.

[Beauregard]

Hi
thanks, I did as you described. It still did not work.
Now I found out the following: With DJIA it works, with DAX or SMI not. This is strange, because I can load historical data without problem.
Do you have any idea?

regards
Andre

[NinjaTrader_JoshP]

Andre,

Please note that Yahoo does not provide you with a daily bar till after they publish it after the end of the trading day. So you won't see 5/14 at this point in time.