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techsmart wrote:
>I want to have a profit exit and a n-bar exit.
>
>...
>
>Should this get me what I want? It seems to be working, except that
>the n-bar exit prices are not always exactly the open price. I can't
>see why they would be off.
>
I made exactly this mistake not long ago. The problem is the order in
which Amibroker evaluates stops. Of the kinds of stop one can use, n-bar
exits are evaluated last. So if you use a profit exit with it and it's
hit some time during the n-bar, you get credit for the profit even
though the n-bar exit should have triggered at the beginning of the
day. This exaggerates your profits and minimizes your losses, of course.
If that doesn't make sense, search my messages for the last few weeks
for a question similar to yours, and track the answers later that day.
It will get clearer.
Owen Davies
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