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Hi all,
I have an indicator (volatility stop) that sits under the price bars
and only re-draws lower when taken out by a low value, otherwise it
holds its value or creeps up.
My Q: How does Applystop work with an indicator in the 'amount'
field? Does it take the entry price and subtract the value for a
long entry? Should I use Sell=Low < Volstop? I am having trouble
with either solution. I also don't understand how applystop can
work for longs and shorts at the same time. If I want to use the
high of the entry bar for shorts and the low for longs how does
applystop accomplish this?
Thank you,
DJ
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