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RE: [amibroker] More on data holes - for TJ



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Hi Kevin –

 

You might look into parabolic trailing
stop.  See my posting of about December 17.

 

Howard

 



-----Original Message-----
From: kmckiou
[mailto:kmckiou@xxxxxxxxx] 
Sent: Tuesday, December 30, 2003
11:33 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] applyStop() -
protecting profits

 

<font size=2
face="Courier New">Is there a way to protect
profits?  <span
>

What I want to do is prevent a profit from
evaporating.  In other 
words.  I would like to set a profit
threshold (say 10%). Once that 
threshold is reached, I would like to prevent it
from evaporating.  
On the surface, the applyStop() function looks
like it would do the 
trick using 

type =
0 = stopTypeLoss - maximum loss stop,

and 

mode = 
3 - amount in percent of profit (risk)

I understand that I can set a stop at a profit
target.  That seems 
to work ok.  What I cannot do is protect an
accumulated profit. No 
matter what combination I try, I cannot make it do
what I want. 

Thanks - 

Kevin






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