|
PureBytes Links
Trading Reference Links
|
Dimitris,
Not true.
If you have a real time feed this condition is perfectly valid.
The Buy occurs when intraday price rises above StopLevel.
This is how buy-stop orders work - you place the limit and
wait until intraday price rises above this limit.
As intraday price forms a new intraday high above the limit
the buy is triggered. We really don't care what will happen next
- it does not matter if prices continue to rise (and the EOD high is
higher) or if prices start to fall (and our intraday temporary high
becomes EOD high) the condition still remains valid and perfectly
tradeable.
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: <TSOKAKIS@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, February 17, 2003 11:34 AM
Subject: [amibroker] Re: need a buystop reference
Tomasz,
with Buy = High >= StopLevel; you can not Buy today, you have to wait
the end of the session to know H. Consequently, you will try to buy
tomorrow. But, it is not sure you will meet this BuyPrice into
tomorrow´s range.
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <amibroker@xxxx>
wrote:
> Hello,
>
>
> Stoplevel = Open + 0.5 * Ref( H - L, -1 );
>
> Buy = High >= StopLevel;
> BuyPrice = StopLevel;
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message -----
> From: "Yuki Taga" <yukitaga@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Monday, February 17, 2003 10:33 AM
> Subject: [amibroker] need a buystop reference
>
>
> > All:
> >
> > Can anyone point me to some code in the help file that will show
me
> > how to designate a buy stop today, based on yesterday's range? I
> > have tried like the devil to research this myself, and to code it,
> > but I'm not getting even close.
> >
> > What I'm looking for is something like, if today's price is X
percent
> > of yesterday's range above today's open, buy. Something similar
but
> > opposite of course, for shorting.
> >
> > Yuki ^_^
> >
> > mailto:yukitaga@x...
> >
> >
> > Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> >
> > Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|