[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: rembuy.dll



PureBytes Links

Trading Reference Links

> For a sellcondition I'd like to use the following:
> 
> Sell if: (1.) at least one day beyond entrybar; (2.) close is less 
> than the original entryprice; and (3.) RSI(14)<70.
> 
> Would my sellcondition be incorporated into the stopprice, as 
below? 
> Or, can I just disable stopprice? Can I disable stoploss and 
> trailstop, and, if so, how?

for a sell condition there is an 7 th array that I call exitbin
/* KEEP the oRDER++++*/
scRemBuyTrail(Buy,Entryprice,
StopPrice,StopLoss,TrailStop,
Target,ExitBin,Bars);
when the exit bin returns 1 , you exit next bar on open
BUT it is a sell condition , NOT a short condition


yes you can disable stoploss or trailingstop, as the rembuy is only 
for LONG side, if the stoploss or trailingstop are zero, never the 
price will be below, so give the value zero or -1.
stoploss=-1;
trailstop=-1;
scRemBuyTrail(Buy,Entryprice,
StopPrice,StopLoss,TrailStop,
Target,ExitBin,Bars);