Re: [amibroker] trailing stop

["David Holzgrefe" <dtholz@xxxx>]

hi again ok I know what you mean now 
..
no doubt someone in the group or TJ will have an 
answer
 
I guess it would have to have some thing to do 
with hhvhars()  or <FONT 
 color=#ffffff>hhv( ARRAY, 
periods )
what ever you use I think you would need to define the periods so if the 
trade runs out side the period ? 
 
check to online help 
 
 you could try using this Guru 
commentary using the atr as a starting point 
but it wont help you in the auto analysis window 

 
 
 
 
/* Chandelier stop By David 
Holzgrefe7.05.2001*/
 
"\n Chandelier stop is a trailing stop that uses 
the true average range atr(10) in this case * 2.0"+"  The length of the 
multiplier will impact on the profitability. Obviously, a larger multiplierwill 
let larger trends develop but has the potential to leave larger profits on the 
table. A smaller multiplier will leave less profit on the table but increase 
whipsaw." ;"";
 
writeval(atr(10))   
+     "  ATR(10) Value";  // change periods to 
suit 
 
chandler=atr(10) *2.0;   // Change the 
multiplier to suit writeval(chandler)   + " Chandelier 
value";stopval= high-chandler;writeval(stopval)   + " 
Chandelier stop";writeval(high)  +  " Todays High ";/*buy= 
0;sell = stopval;*/
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=dimyon@xxxx 
href="">dimyon@xxxx 
To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Thursday, May 24, 2001 9:05 
PM
Subject: Re: [amibroker] trailing 
stop
Hi 
David,<FONT 
color=#000099> 
Thank you for 
your kind and prompt answer. It is most helpful.<FONT 
face="Comic Sans MS"> 
Nevertheless, 
I'm still looking for a trailing stop, as a percentage from peak of 
gain.<FONT 
size=+1> 
Is there a way 
to activate the built in trailing stop?<FONT 
face="Comic Sans MS"> 
Thanks 
again,<FONT 
color=#000099> 
Isaac 
Kalisky. 
David Holzgrefe wrote: 
Hi Isaac try add this to your code 
It from a piece of code submitted to the group by ralf w it 
calculates 8% profit from buy or 3% stop loss 
Hope it helps 
Regards David 
/*  referencing buy price by ralfw@xxxx  */ 
buyprice = valuewhen( buy, ref(open, 1), 1); 
minGrowth = (close > buyprice  * 1.08); stopLoss =  
(close < buyprice * 0.97); 
----- Original Message ----- From: <dimyon@xxxx> 
To: <amibroker@xxxxxxxxxxxxxxx> Sent: Thursday, May 24, 2001 
6:39 PM Subject: [amibroker] trailing stop 
> Hi, > > Can anyone tell me how to activate the 
trailing stop on automatic > analysis, settings? > > 
Thanks, > > Isaac. 
Hmm rambling on a bit sorry i should learn to 
shut up if i dont know the answer :)))
Regards David