[amibroker] Re: Trailing sttops

["hithere2222" <hithere2222@xxxxxxxxx>]

That worked out great.


Thanks

Gene

--- In amibroker@xxxxxxxxxxxxxxx, nikku <nikku@xxxx> wrote:
> Hello
> 
> Walt was kind enough to provide me with the following code - I 
hope he 
> doesn't mind if I share it around. This is something you can try, 
and 
> maybe you can adapt it if it isn't providing exactly what you need.
> 
> Basically, it takes care of the trailing stop which kicks in after 
> *MinGainPct* amount of profit has been reached. The trailing stop 
will 
> close the position after *trailPct* of the profit beyond the 
*MinGainPct 
> *profit has been given back I think you have to set up the hard 
stop 
> 'behind the entry' separately, but that shouldn't be a problem.
> 
> 
> buyat=BuyPrice;
> MinGainPct=.04;
> trailPct=15;
> pct=IIf((MA(C,2)-buyat)/buyat > MinGainPct,trailPct,9999);
> ApplyStop(stopTypeTrailing,stopModeRisk,pct,1,True);
> 
> Hope this helps
> 
> Nik
> 
> 
> 
> 
> hithere2222 wrote:
> 
> >
> >
> > I know this has been asked a thousand times before but I can't 
seem
> > to find  it in the archives so here it goes.
> >
> > I  am trying  to put a trailing stop in my system which two fold.
> >
> > I need a static stop a  certain number of points behind the entry
> > and then I need it to change to a trailing  stop once a certain
> > amount of profit is achieved.
> >
> >
> > Can someone tell me the miracle code to do this?
> >
> > I would appreciate it.
> >
> > Thanks
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > Check AmiBroker web page at:
> > http://www.amibroker.com/
> >
> > Check group FAQ at: 
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> >
> > *Yahoo! Groups Links*
> >
> >     * To visit your group on the web, go to:
> >       http://groups.yahoo.com/group/amibroker/
> >        
> >     * To unsubscribe from this group, send an email to:
> >       amibroker-unsubscribe@xxxxxxxxxxxxxxx
> >       <mailto:amibroker-unsubscribe@xxxxxxxxxxxxxxx?
subject=Unsubscribe>
> >        
> >     * Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> >       Service <http://docs.yahoo.com/info/terms/>.
> >
> >
> 
> -- 
> The majority meet with failure because of their lack of 
persistence in creating new plans to take the place of those which 
fail.








------------------------ Yahoo! Groups Sponsor --------------------~--> 
In low income neighborhoods, 84% do not own computers.
At Network for Good, help bridge the Digital Divide!
http://us.click.yahoo.com/EpW3eD/3MnJAA/cosFAA/GHeqlB/TM
--------------------------------------------------------------------~-> 

Check AmiBroker web page at:
http://www.amibroker.com/

Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/