Hi all traders,
I am a newbie to Metastock.
I would like to know the reason for : Changing initial equity value causes the change in date of order to execute.
e.g. for the same formula condition say,Buy: c=29.81
if I use $30 for my initial equity, Metastock would execute my buy order on say 26/3/2001 at price $29.99, however, if I use $100,000 for my initial equity, it would execute my buy order on say 30/12/2003 at price $29.79 while the order of 26/3/2001 is cancelled due to open cost.
What is "Cancelled - open cost"?
Any help would be greatly appreciated.
I am a newbie to Metastock.
I would like to know the reason for : Changing initial equity value causes the change in date of order to execute.
e.g. for the same formula condition say,Buy: c=29.81
if I use $30 for my initial equity, Metastock would execute my buy order on say 26/3/2001 at price $29.99, however, if I use $100,000 for my initial equity, it would execute my buy order on say 30/12/2003 at price $29.79 while the order of 26/3/2001 is cancelled due to open cost.
What is "Cancelled - open cost"?
Any help would be greatly appreciated.