Please let me know how “max open positions” is calculated. My AFL works on hourly charts and I put 2 max positions for backtesting purpose. Yesterday, I saw 4 signals generated at 10 AM but backtesting obviously gave me 2 signals.
Now my questions is, how does Amibroker take 2 signals out of 4?
Note: All my signals are of (BUY ABOVE/SELL BELOW) type. So, out of 4 signals, Stock A triggered at 10:10AM, Stock B at 10:20, Stock C at 10:30 and Stock D at 10:40 AM.
So, ideally, Stock A and B should be captured by Amibroker as they triggered first but Amibroker showed Stock A and Stock C.
Please let us know the logic behind that? Some people say it is based on Stock name alphabets and some say, it is based on prices (Lower prices will be shown).