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www.visualtradingsystems.com
111
0000000001010100010101001001101010001010111101100000100111111
Very often the CROSS function is used to implement the condition for opening a position. It is very
important to understand that when a succession of 1’s occurs in “EventCount,” it triggers the opening of a
position in the specified direction, and a succession of zeros in a “live” chart bar will trigger the order for closing
this position. This position will not always turn out to be profitable, but such actions are not hazardous. This
can be seen as payment for a timely entry into the market. That is why it is necessary to understand that
several openings and closings of a position may be triggered on a “live” bar. However, this would have more to
do with the right selection of the “EventCount” parameter, and correct and careful consideration of the Trading
Strategy’s script. All Trading Systems supplied with the master copy of VT Trader are open for examination,
and you can always study them.
If you encounter difficulties while writing the script of the TS, you can ask the experts in our analytical
department for help. They will be glad to assist you.
The “ Time Discretization” decision-making formula
In this decision-making mode
Some changes should be made to the formula
On “live” chart bar
Calculator displays value equal to 3 ticks
....0001010111 (there is a signal, and the position is triggered)
000 (the signal and the symbol are gone, but the position remained open)
010111 (the signal occurs, but the position is not opened)
010101010111 (this combination is evaluated taking into consideration the previous bar; if 000 appears it will
disappear)
(and further until the end of the bar, if at the end it indicates at least 001 in relation to the previous bar; the
symbol will appear and would be attached to the closing price
if not, there is 0 and the symbol is not attached; it does not matter if the position opening was triggered)
(Check out the chain: VT Navigator-> Options -> Properties ->General -> General Properties -> History
Length ->500)
this parameter may be reduced
to around 250