Re: [amibroker] trailing stop

["David Holzgrefe" <dtholz@xxxx>]

Hi Isaac have a look at this and see if its close 
to what your after ?
 
/*  trailing stop loss By David 
Holzgrefe24.05.2001   */
 
buy =cross(close,sar());
 
best=hhv(close,10);  //still no good cos 10 
may not be the right period
 
stopLoss =  (close < best * 0.97); // 3% drop from  
highest 10 day hi 
 
sell = stoploss;
 
 
 
buy = exrem(buy, sell);sell = exrem(sell, buy);
 
Regards David
<BLOCKQUOTE dir=ltr 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=dimyon@xxxx 
href="">dimyon@xxxx 
To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Thursday, May 24, 2001 9:45 
PM
Subject: Re: [amibroker] trailing 
stop
<FONT 
size=+1>Yes, you are right.<FONT 
face="Comic Sans MS"> 
Meanwhile, I 
think I've solved my problem. Check this out, 
please:<FONT 
color=#000099> 
enter = 
valuewhen( buy, ref(open,1) ,1);<FONT 
face="Comic Sans MS"> 
<FONT 
size=+1>days=barssince(buy); <FONT 
face="Comic Sans MS"><FONT 
size=+1>writeval(days);<FONT 
color=#000099> 
<FONT 
size=+1>time=lastvalue(days); <FONT 
face="Comic Sans MS"><FONT 
size=+1>writeval(time);<FONT 
color=#000099> 
<FONT 
size=+1>best=hhv(close,time); <FONT 
face="Comic Sans MS"><FONT 
size=+1>writeval(best);<FONT 
color=#000099> 
sell =  
close/best<0.85 and days>3 or 
close/enter<0.6;<FONT 
color=#000099> 
<FONT 
size=+1>Isaac. <FONT 
color=#000099>