I have performed some backtests using the settings as you can see in this screenshot
"Scenario: Trade Current Bar on Close, the stops exit Intraday"
Now I want to trade using same logic as it has been used in the backtests.
So I want to confirm my understanding of these settings:
- Buy at closing price (near end of the day)
- Exit/Stoploss at intraday low level
Please confirm if both of the above statements are aligned with the settings in the above screenshot.