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Chuck,
Thanks for your reply.
Guess I didn't explain to well. Here goes...
At the CLOSE of today I do a scan.
If any stocks come up I'll buy them at tomorrows OPEN.
I want this OPEN price to be used in calculating the profit exit or initial
stop. These stops may occur weeks from when I buy it.
The problem I noticed is the DAY that the profit and initial stop is
calculated.
Cheers Glenn.
--- In amibroker@xxxxxxxxxxxxxxx, "Chuck Rademacher"
<chuck_rademacher@x> wrote:
> You're confusing me, too, on several points.
>
> 1. If you want to buy tomorrow's open based on what you know today
> (O,H,L,C), you should use a delay of one (1) day.
>
> 2. I do not understand why you would sell it at the open on the same
day
> that you bought it at the open. Why not just give money to your
broker and
> not bother with the trade?
>
>
> -----Original Message-----
> From: Glenn [mailto:glennokb@x...]
> Sent: Tuesday, July 15, 2003 5:46 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Help with SetTradeDelays please!
>
>
> Hi,
>
> I have setup a scan in the AA for my EOD system and the delays are
> confusing me.
>
> How do I setup this scan with no delay for the entry. ie: to alert me
to
> buy at tommorrows open and here's the tricky bit, I want the sell
signal
> to use the open of the day I actually bought it.
>
> I want this for calculating the profit exit and the initial stop ie: NOT
> the
> open of the day that the I was alerted.
>
> I am using this following the buy/sell code:
>
> --------------------8<-----------------------
>
> ApplyStop( stopTypeProfit, stopModePercent, 25, False, False);
>
> ApplyStop( stopTypeLoss, stopModePercent, 20, False, False);
>
> PositionSize=5000;
>
> SetTradeDelays( 0, 0, 0, 0 );
>
> Equity(1);
>
> --------------------8<-----------------------
>
> Probably something really simple but it escapes me :(
>
> Do I need to run 2 scans one for the buy (as above) and a 2nd with
> SetTradeDelays( 1, 0, 0, 0 ); ?
>
>
> TIA
>
> Cheers Glenn
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