OmniTrader Forum : OmniTrader 2014 Technical Support : Deleting Thread Fulcrum Block Strange Behaviour

Vinay

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Subject : RE: Fulcrum Block Strange Behaviour
Posted : 1/15/2014 4:34 AM
Post #30608 - In reply to #30607

Originally written by Ryan Olson on 1/15/2014 4:06 AM

The problem is the perception of how the fulcrum should be working.

On 9/19/2013 when the VTY-B-D fired the signal it would have initiated the the fulcrum. However, it will not base the levels calculation on the signal bar, but rather the close of the following bar.

Ryan, why should Fulcrums base the levels calculations on close of the following bar and not on the signal bar?

Which would generate the signal as the vote line specified. Now if you were to use the same settings and allow it to use the close of the current bar as entry (which it can't) then your assumption is correct and should have entered the next bar like you have suggested in your post.

Even if the levels are based on close of the following bar, why the Fulcrum Block generates the trade when prices have fallen instead of going up by 0.5 ATR as configured in my Fulcrum Block? As you can see that my strategy fired a long signal and the Fulcrum should have taken long position only if the prices went 0.5 ATR above the close. In the present case since price have fallen, logically it should not have taken any trade at all.

[Edited by Vinay on 1/15/2014 11:31 AM]