Re: [amibroker] Equity function - what it does part two

["Al Venosa" <advenosa@xxxxxxxxxxxx>]

Gary:
 
I just wanted to thank you for a very nice explanation of how to use the 
Equity function and the differences among the flags. I'm sure it will be much 
appreciated by newbies. You ought to be a manual writer!! :-))
 
Al Venosa
<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Gary 
  A. Serkhoshian 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Wednesday, April 21, 2004 2:08 
  AM
  Subject: [amibroker] Equity function - 
  what it does part two
  
  
  Dale has pointed out something I overlooked, yet is very important.
   
  Equity(1) and Equity(2) allow visualization of stops which Equity(0) does 
  not.  You can use the code below to demonstrate, and I've added a few 
  pics to clarify.
   
  However, you will note that the equity line incorporates the stops and 
  does not change regardless of the equity flavor you use (0 - 2).  So, all 
  that is affected is the plotting of buys, sells, shorts, covers, and 
  stops.
   
  If I missed anything holler, and I'm sure Tomasz will jump in if 
  needed.
   
   SetTradeDelays(1, 1, 1, 1);
   
  Buy = StochD() > 50;Sell = StochD() < 50;
  ApplyStop(stopTypeProfit, stopModePercent,   5.00, 1, True, 
  0);
  WhichEquity = Param("Which Equity Flavor 0 - 2?", 0, 0, 2, 
  1); if (WhichEquity == 1){   MyEquity = 
  Equity(1); }
  if (WhichEquity == 2) {   MyEquity = 
  Equity(2); }   if (WhichEquity == 0){  
  MyEquity = Equity(); }GraphXSpace = 5;Plot(C, "Close", 
  colorDefault, styleCandle);Plot(MA(C, 20), "20 bar MA", colorRed, 
  styleLine + styleThick);Plot(MyEquity, "Equity", colorDefault, styleLine + 
  styleLeftAxisScale);PlotShapes(Buy * 
  shapeUpArrow,                      
  Buy * colorBrightGreen, 0, Buy * L, -15);PlotShapes((Sell == 3) * 
  shapeHollowDownArrow,                      
  (Sell == 3) * colorAqua, 0, (Sell == 3) * H, -15);PlotShapes(Sell * 
  shapeDownArrow,                     ! 
  Sell * colorYellow, 0, Sell * H, -15);
  
  
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