You can pro rate volume, that is an option. I think that waiting for the actual number is a more solid signal, IMO.
I see you're adding conditions after the fact again. Every rule increases the fit of the system to the data. And entering mid-bar is NOT in the beginner's guide. Pinning you guys down is like trying to nail Jello to a wall. What you describe CAN be backtested. Even if the software doesn't directly support it, one could easily do a workaround with faster bars. But it's a double edged sword because the system will be more sensitive and while that may have looked great on today's chart AFTER THE FACT, it might produce more whipsaws tomorrow. Not to mention that a system that's so temperamental isn't robust.
The only point you made is that you don't understand backtesting. Done intelligently, one can quantify and objectively compare and contrast variations that would take forever to watch unfold bar-by-bar in real time. Then the brain can focus on the nuances of the variations that test out best. That way you're partnering your brain with your computer and getting the best of both worlds. You guys are using your computers to draw pretty pictures instead of crunch numbers and congratulating yourselves for it.
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666, you're wasting your time. They don't have a clue about backtesting. Please leave them in the dark. Dumb liquidity is better than smart.
Must be the NLP doing this to him. PS: oddi, you seem to have picked up some of Jack's quirks. As with your "testment", Jack never managed to spell "Lipschitz" either. Must have been a little hang up of his stint at IBM's. ________________ Go Jack's Method(s?) all the way. Guaranteed no backtesting required, NLP only. Free pastoral guidance by true believers at ET threads.
You guys are always making demands on Jack for evidence his method works. I would love to see some evidence that any of you are taking advantage of the "dumb liquidity" with your backtesting methods, or any method at all for that matter.