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In many cases, after your definition of the raw Buy and Sell signals you can
create a position array like so:
LongPosition = Flip(Buy,Sell);
ShortPosition = Flip(Short,Cover);
You can update these arrays each time you change the signals by repeating
these statements, for example after an ApplyStop().
best regards,
herman
-----Original Message-----
From: micmus2002 [mailto:micmus2002@xxxxxxxxx]
Sent: Monday, October 04, 2004 10:34 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] How do you know what your last trade was
I want to write stop logic, but since its based on a logical test I
cannot seem to use the applystop function.
Therefore it seems I will need to have another Cover /Sell statement
which will only be triggered if I already have an opposite position.
i.e. Cover if am already Short and my stop condition is true, and
Sell if I am already long and that stop position is true.
This means I need to know what my current position is, and my
question is how do I do this. I know Wealthlab has a Position Array
but I can't find anything similar in AB.
I am sure there must be a way to do this. Would be grateful if
someone could provide the code.
Thanks
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