Re: [amibroker] Volatile trailing Applystop (for Ted)

[Ted Chmilar <tchmilar@xxxxxxx>]

Chuck,
I made a mistake  in my original email, I meant 
the High price of the bar when the Buy (not Sell) 
occured.
According to the Users Guide, the 5th parameter 
of ApplyStop:
 
volatile - decides if amount (or 
distance) (3rd parameter) is sampled at the trade entry and remains fixed during 
the trade (Volatile = FALSE - old behaviour) or if can vary during the trade 
(Volatile = TRUE) (allows single line Chandelier exit implementation) 

 
I'm trying to find out what the .75 (distance) is 
relative to on each bar of the trade. Thanks for your taking an interest in 
this.
 
Ted
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<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=chuck_rademacher@xxxxxxxxxx 
  href="">Chuck Rademacher 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Tuesday, March 25, 2003 3:21 
  PM
  Subject: RE: [amibroker] Volatile 
  trailing Applystop (for Ted)
  
  This 
  isn't really a "volatility" stop.  You are simply running a 75 cent stop 
  from the extreme of the move.   But, I'm sure you knew that 
  already.
  <FONT face=Arial color=#0000ff 
  size=2> 
  The 
  fact that you are using "true" in the statement means that your trade will be 
  exited at your stop price (forgetting about opening gaps) intraday.  So, 
  your "exit at open prices" is meaningless.
  <FONT face=Arial color=#0000ff 
  size=2> 
  <FONT face=Arial color=#0000ff 
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  <BLOCKQUOTE 
  >
    <FONT face="Times New Roman" 
    size=2>-----Original Message-----From: Ted Chmilar 
    [mailto:tchmilar@xxxxxxx]Sent: Tuesday, March 25, 2003 4:46 
    PMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] 
    Volatile trailing Applystop
    Tomasz,    
     
    Is this type of volatile trailing stop 
    predictable for longs and shorts?
     
    Stop=.75;
    ApplyStop(stopTypeTrailing, 
    stopModePoint, Stop, True, 
    True);
     
    It seems to be predictable for longs where it 
    uses the high of the Sell for its basis of calculation. For shorts, I can't 
    seem to figure it out. I used set trade delays to 0 using Open 
    prices.
     
    Ted
    
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