[amibroker] ApplyStop does it work for shorts?

["Barry Scarborough" <razzbarry@xxxxxxxx>]

I have the following in my code

ApplyStop(stopTypeTrailing, stopModePoint,2.5*ATR(atrPeriod),1, 
volatile = True, ReEntryDelay = 0 ); 

When I am short the apply stop is still below the price and caused 
an exit. Since the price was down it should not have activated the 
stop. Shouldn't a trailing stop switch to above the price when I am 
short and be below the price when I am long? Is that assumption 
correct? I don't see anything in the help for ApplyStop that 
indicates direction so I just assumed it switched automatically. If 
not, how do you code it so it is direction sensitive?

Thanks,
Barry






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