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Dingo mailed it to me, so never mind. Thanks, d.
--- In amibroker@xxxxxxxxxxxxxxx, "jtelang" <jtelang@xxxx> wrote:
> Howard,
>
> Could you please add it to the files section or mail it to me
> directly?
>
> Thanks.
>
> Jitu
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Howard Bandy" <howardbandy@xxxx>
> wrote:
> > Greetings all --
> >
> > Included with this message is my code for application of
parabolic
> stop
> > exits and profit target limit exits. This version is a lot more
> complex
> > than the version I posted on December 14, 2003. This version
> handles both
> > long and short trades. The comment section at the beginning of
the
> code
> > gives the details.
> >
> > I have examined "scans", "explorations" and "trade lists" for
many
> tickers
> > and believe that all the code is consistent. If any of you find
> any errors,
> > please let me know as soon as possible so I can correct them.
> >
> > There are many ways to set the initial conditions for the
parabolic
> stop.
> > In this version, I set it a multiple of the three day ATR away
from
> the
> > entry. As the trade progresses, the stop moves upward (for a
long
> trade),
> > creating a floor under the trade.
> >
> > There are many ways to set up a profit target (limit order)
exit.
> In this
> > version, I set it at 7% above (for a long trade) the entry. As
the
> trade
> > progresses, if the closing prices continue to increase, the limit
> stays at
> > its initial value. If the closing prices start moving away from
> the limit
> > price, the limit moves closer each day. Eventually the stop
order
> and limit
> > order will converge and force the exit.
> >
> > Here is a tool to test exits. The code enters based on a moving
> average
> > crossover, but also includes "commented out" code for perfect
(good)
> > entries, perfect (bad) entries, and random entries. So you can
try
> out any
> > pattern or indicator scheme or random with ease.
> >
> > OK Guys, and Gals. Let's hear about the performance of some of
the
> exits
> > you have been thinking about. Let me recommend that all posts
> regarding
> > this study have "Exit Study" in the subject line.
> >
> > If anyone has an idea that they cannot get to work, send it on to
> me and
> > I'll code it up. I hope there will be lots of public postings,
but
> I will
> > respect requests for confidentiality.
> >
> > Thanks,
> > Howard
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