PureBytes Links
Trading Reference Links
|
<FONT face=Arial color=#0000ff
size=2>I have only a limited amount of tick data and it wouldn't give me
any trades. The test code below gives me 2 million percent profit in 7 months
(removed commission because the single minutes do not have enough price change),
or 5000% with a 10% profit stop and 1ct/share commission in the 5 minute
TF.
<FONT face=Arial color=#0000ff
size=2>
// In
AA settings Use percent profit trailing stop of 10%// Trade Long and Short
at the
OpenSetOption("ActivateStopsImmediately",True);SetTradeDelays(1,1,1,1);Buy
= 1; Sell = Ref(Buy,-2); Short = Sell;Cover =
Ref(Short,-2);Plot(Equity(1),"Equity",1,1);
<FONT face=Arial color=#0000ff
size=2>
I know
these figures would be untradable in any case but that is not my point, i
simply would like to know how to use the percent of profit stop properly. I
do not think it is just the matter of which comes first, the H or L. Anyway, I
just don't understand it. I have a gut feeling that this function might work
better with an "activation level", a minimum profit at which the stop kicks
in.
<FONT face=Arial color=#0000ff
size=2>
best
regards,
<FONT face=Arial color=#0000ff
size=2>herman.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Tahoma
size=2>-----Original Message-----From: E Winters
[mailto:e.winters1@xxxxxxxxxxx]Sent: Thursday, July 01, 2004 11:21
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker]
Percent Profit Trailing Stop QuestionImportance:
High
Herman,
Did you test it on 1 minute or tick
data?
Ed
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
Herman van den
Bergen
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, July 01, 2004 7:09
AM
Subject: RE: [amibroker] Percent Profit
Trailing Stop Question
<FONT face=Arial color=#0000ff
size=2>Yuki,
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Backtesting the same Percent Profit formula gives huge profits in
real time also, I think the problem doesn't really disappear, it works
exactly the same but on a smaller scale. Minute bars have the same built-up
as hourly or daily bars. We still don't know which came first, the High or
the Low, within the minute. Using this stop the percent profit stop is
simply a smaller dollar value when going to a lower
TimeFrame.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Real time data really doesn't remove all problems associated with EOD
(as i had hoped it would). The way I try to cope with it is to only look at
the High or Low (depending on the position i am in), I removed the Open
and Close in my formulas.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>herman.
Check AmiBroker web
page at:<A
href="">http://www.amibroker.com/Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Sponsor
ADVERTISEMENT
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|