Re: [amibroker] Can I have different APPLYSTOPs ?

["ed nl" <ed2000nl@xxxxxxx>]

hi,

like the manual says the "amount" can be a number or an array. So if you like to use a dynamic stop level you need to fill an array to your liking. Trick now is how to fill this array properly. Because at the position of a Buy or Short signal you want to fill this array with 6, the next day with 3 etc. 

If you know the positions of the Buy, Sell, Short, Cover then this is easy. Problem is that you do not have all this information since you only can see the full picture after Applystop is applied. That is one of the reasons I write my own stop code using loops.

But what you like to do is apply a dynamic stop and that is possible,

rgds, Ed


  ----- Original Message ----- 
  From: Werner 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Thursday, November 04, 2004 1:34 PM
  Subject: [amibroker] Can I have different APPLYSTOPs ?



  Good day,

  I have a question with ApplyStop.
  I would like to test Profit Targets depending on how many days have
  passed in the trade. This is because the 6% Profit Stop is fine for
  the first day, but on the 2nd or 3rd day only a 3% Profit might be
  available, but not a 6%. The idea is, to lower the profit target as
  the trade matures.

  So far, I have:

  ApplyStop (stopTypeProfit, stopModePercent, 6, ExitAtStop=1,
  Volatile=False, ReEntryDelay=3);

  For DAY 2, I'd like to change the StopModePercent to - let's say - 3%
  and
  on Day 3 maybe to 2%.

  How do I do that?

  Thanks.

  Werner








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