Just for better understanding of ROC Indicator I have very simple entry rule on the design surface: ROC close 5 is less than -3.00. It's tested with Dow30 recent 22 years, 20% of equity. I would expect that each entry would be less than ROC -3.00%, e.g. -3.1 or -4.7 etc. But having a look on the chart I found an entry e.g. with ROC -0.74. In my understanding -0.74 is gratet than -3.00. What do I understand wrong?
Screenshot from design surface and chart is attached.
Screenshot from design surface and chart is attached.
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You have to move the cursor to the previous bar. That is that bar that determines if a signal should be placed. The signal is then “executed” on the following bar at market open.
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