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Tomacz,
OK I have asked you the question,because you gave a message
Here is corrected version:
- trade is entered at BuyPrice (may be close depending on your
settings)
- in mode 1 (point loss) stop exits the trade when Low <
HighestPriceSinceBuy - StopAmount
- in mode 2 (percent loss) stop exits the trade when ( Low /
HighestPriceSinceBuy ) < 1 - PercentAmount
- in mode 3 (percent of profit) stop exits the trade when
PercentAmount of highest profit since trade
>
> You will find my answers below.
>
>
> SYNTAX applystop( type, mode, amount, exitatstop )
> RETURNS nothing
> FUNCTION controls built-in stops from the formula level
(allows optimization of stops)
>
>
> Parameters:
> type = 0 - maximum loss stop, 1 - profit target stop, 2 -
trailing stop
> mode = 0 - disable stop, 1 - amount in percent, 2 - amount in
points, 3 - amount in percents of profit (for trailing stop only)
> amount = percent/point loss/profit trigger amount ( from 3.78
this could be an array. The amount of stop is sampled when buy signal
occurs and this amount is used for the stop)
> exitatstop = 0 - exits at defined price field, 1 - exits at
stop level
>
> EXAMPLE applystop( 0, 1, optimize( "max. loss stop level",
10, 2, 30, 1 ), 1 );
>
>
>
>
>
>
> > could you give me precisions about parameters of applystop
because
> > the informations are not the same in the help file and in a
message
> > of the group.
> >
> > 1/ if I want A stopLOSS in PERCENTAGE
> > type=0;/*0 - maximum loss stop*/
> > mode=1 OR 2;/*CONTRADICTION: 1 - amount in percent OR mode 2
(percent
> > loss)*/
> > amount=optimize( "loss stop level", 10, 2, 30, 1 );
> > Exitatstop=1;
>
> 1. For percent max. loss stop use:
> ApplyStop( 0, 1, amount, 1 );
>
> >
> > 2/if I want a stopLOSS in POINT (ATR)
> > type=0
> > mode=1 or 2 /* CONTRADICTION: 2 - amount in points OR mode 1
(point
> > loss)
> > */
> > amount= factor*ATR(value);
> > Exitatstop=1;
>
>
> 2. In this case use:
>
> ApplyStop( 0, 2, amount, 1 );
>
>
> >
> > 3/if I want a profitTARGET in PERCENTAGE
> > type=1;/*1 - profit target stop*/
> > mode= 1 OR 3 /*CONTRADICTION: 1 - amount in percent OR 3
(percent of
> > profit)*/
> > amount=optimize( "profit stop level", 10, 2, 30, 1 );
> > Exitatstop=1;
>
> 3. In this case use:
>
> ApplyStop( 1, 1, amount, 1 );
>
>
>
> >
> > 4/if I want a profitTARGET in POINT ( ATR)
> > type=1;
> > mode= 2 or WHAT /* 2 - amount in points*/
> > amount= factor*ATR(value);
> > Exitatstop=1;
> >
>
> 4. In this case use:
>
> ApplyStop( 1, 2, amount, 1 );
>
> Best regards,
> Tomasz Janeczko
> ===============
> AmiBroker - the comprehensive share manager.
> http://www.amibroker.com
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