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Herman,
Thanks for your suggestion. However as far as I can see this approach
doesn't do what I want. Let me re-iterate I want to be able to tell
at any time what was the last trade I opened(Buy or Short). I then
want to test for stop condition appropriate to the type of trade I
am in and exit if necessary.
According to the documentation the effect of flip is to reverse the
effect of exrem (as per the text below:
<i>EXAMPLE buy = ExRem( buy, sell ); buy = Flip( buy, sell ); // this
essentially reverts the process of ExRem - multiple signals are back
again </i>
It doesn't seem to tell me what my current position is. Also it seems
to default to Sell. My Onsell value comes up right from the first bar
even though there has been no signal.
Thanks for your help but unless I have missed something basic this
doesn't solve the problem.
Cheers
MM
--- In amibroker@xxxxxxxxxxxxxxx, "Herman van den Bergen"
<psytek@xxxx> wrote:
> 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@x...]
> 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
>
>
>
>
>
>
>
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
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