Quality of a bug signal independent of a sell signal

Discussion in 'Automated Trading' started by salehi, Nov 5, 2010.

  1. salehi

    salehi

    Hi All,

    I have an intraday chart of 1-minute and I have a set of strategies I want to evaluate. I am considering time granularity of 1 minute only. I was wondering, do you have some recommendation how to evaluate a buy signal independent of a sell signal ? I thought of the following options:

    1) difference between the price in the next [1 or 2 or 3] minutes after the time buy signal is triggered (implicitly assuming sell after 1 or 2 or 3 minutes).

    2) Any other approach ?

    Thanks,
    Ali