EOD strategy Open

Could someone please explain at what price the strategy opens? i.e., If I have an end of day strategy I don’t want the strategy to open the next morning but i want it to open just before the close.

I am struggling to backtest this as well as I am not sure what price the strategies are opening and closing.

ProQuant runs your strategies to check their entry/exit rules on every bar open (every time a new candle of the selected trading frequency/period opens). If your entry rules are satisfied, the position will open on the current market price.

We are ready to help if you have any further questions.