Trade Type list box

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Trade Type list box

Use this list box to specify whether you want the backtest to trade long, short, or both. A long trade is the traditional kind, opened by buying and closed by selling, meaning you profit if the sell price is higher than the buy price. A short trade is opened by selling and closed by buying, so you profit if the price has fallen; the buy price is higher than the sell price. The simulation will 'go long' when the lower moving average moves above the higher moving average and 'go short' when the lower moving average moves below the higher moving average.