Hi traderji friends,
I am trying to code a strategy. When I am backtesting and I want to find out the highest value reached before the trade ended. So I look at the MFE column. But I find that the MFE also includes the entry bar and thus the high of that bar
is also taken into consideration while calculating the highest value.
But for me, that is not desirable since after the entry, an exit cannot be made on that bar where the high had already preceded the buy.
Is there any workaround??or should I modify the strategy code??
I am trying to code a strategy. When I am backtesting and I want to find out the highest value reached before the trade ended. So I look at the MFE column. But I find that the MFE also includes the entry bar and thus the high of that bar
is also taken into consideration while calculating the highest value.
But for me, that is not desirable since after the entry, an exit cannot be made on that bar where the high had already preceded the buy.
Is there any workaround??or should I modify the strategy code??
