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[amibroker] Fw: 15 trendy years



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I get 'attachment not stored' message for your afl but others seem to 
be reading it ok.
Do you have any idea what causes this?

--- 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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