|
meaning the N-bar stop is last in
line.
TJ added an option to give N-bar stop priority. See
settings off AA,
ed
----- Original Message -----
Sent: Friday, December 17, 2004 7:21
PM
Subject: Re: [amibroker] Oddity with
ApplyStop
Owen,
this might me caused due to:
"If two or more different stops are triggered on
the VERY SAME bar then they are evaluated in this fixed order:
Fixed
Ruin stop (loosing 99.96% of the starting capital)
Max. loss stop
Profit
target stop
Trailing stop
N-bar stop"
see:
rgds, Ed
--- Original Message -----
Sent: Friday, December 17, 2004 6:06
PM
Subject: [amibroker] Oddity with
ApplyStop
I've been experimenting with exits and have encountered
something I may
not understand. As a reference for evaluating other
exits, I told
Automatic Analysis to close trades on the following
open:
Sell=Ref(Buy,-1); SellPrice=O; and the obvious equivalent
for Short
trades. I did this after experimenting with another exit
and
inadvertently left a profit-taking stop in place:
ApplyStop(1,2,N*TickSize); The odd thing is that, even when
entering on
the close of one bar and exiting on the next open, the N in
the
ApplyStop function changes the trading results. If this file
included
after-hours data, I'd assume the stop was reacting to it, but
that is
not the case.
The only explanation I can think of is that
ApplyStop is incompatible
with any exit other than on the close.
It is ignoring the Exit-on-Open
and finding its profit later in the
day. Thus, only the days that never
offer a profit of N*TickSize
are being closed correctly, and my trading
results are garbage.
And the same thing happens in "real" exits that
are supposed to exit on
the Open if the trade has gone on too long
without either taking a
profit or being closed at a loss.
Does this make sense to
anyone? And is my only recourse to write my own
exits using
loops?
Thanks.
Owen Davies
Check AmiBroker
web page at:
http://www.amibroker.com/
Check
group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Check AmiBroker web page at:
http://www.amibroker.com/
Check
group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
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