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OK I am slowly working thru APPLYSTOP func to see what I can
obtain ...
how does this AB example for chandelier know to hang off a HIGH as
opposed to close etc and then how long for ?
It appears that it would be hanging off the close so if this is so
why is it a chandelier ? ..
ApplyStop(stopTypeTrailing, stopModePoint, 3*ATR(14), True, True );
regards
moz
--- In amibroker@xxxxxxxxxxxxxxx, das300@xxxx wrote:
>
> Im tryingto code some back testing -
>
> I have an entry trigger . ... easy and completed
> I have three (3) exit levels i need to incorporate in back testing
>
> LINE 3 = top profit taker ------------- Fn3
>
> LINE 2 = gate---------------------------Fn2
>
>
> ENTRY PRICE ------------------> static figure buy @ BPrc = $x.xx
>
>
> STOP LINE ---------------------------- > Fn3
>
>
> NOTES - STOP , LINE 3 , LINE 2 are all a function of the bought
price
> BPrc and not a function of the future prices.
>
> I want to SELL when price hits less than STOP , Close finishes
above
> LINE2 then closes below LINE 2 in the future @ close OR price hits
> LINE3 at that price.
>
> Can anyone give guidance or direction ??
>
> Regards
> maurice.
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