diff --git a/strategies/overnight/README.md b/strategies/overnight/README.md index ace0f4c..b4dc39a 100644 --- a/strategies/overnight/README.md +++ b/strategies/overnight/README.md @@ -7,7 +7,9 @@ This strategy was taken from chapter 7 of [Short Term Trading Strategies That Wo 1. Go long SPY on the close. 2. Sell on the following open. -It is not possible to enter positions on the close of a bar in NinjaScript, so I have worked around this by incorporating a 1-minute data series into the strategy and entering on the open of the last bar of the day. +It is not possible to enter positions on the close of a bar in NinjaScript. + +The strategy works around this by incorporating a 1-minute data series and entering on the open of the last bar each day. The position is exited on the open of the following day as expected.