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[amibroker] Re: ApplyStop Question



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Hello Giuseppe,

Not sure if the others have answered your question, but this is part 
of what I use:

Buy=conditions..
short=conditions...

profit= 0.0014;//this the amount of profit
Loss=0.0011;//this is the amount of loss

ApplyStop(1,2,profit,1);//profit target
ApplyStop(0,2,Loss,1);//stop loss

This then either gives you 14 pips of profit or 11 pips of loss from 
you entry point. 

If you like, you can set different profit and loss points depending 
on whether you are short or long.

SETTINGS PAGE: 
General tab: check the four boxes
stop tab: disable all here

Remember Amibroker needs the price to be there in the data otherwise 
it will take the next price which is available. This then means you 
may obtain more profit or more loss than you expected (i.e. the 
market 'gapped').

Regards

Sam



--- In amibroker@xxxxxxxxxxxxxxx, "ami_trader" <ami_trader@xxxx> 
wrote:
> 
> Is it possible to exit exactly at stop loss price?
> 
> ApplyStop( stopTypeLoss, stopModePoint, 0.0014, 0, 0, 0);
> 
> Exit exactly at stop loss value (Entry Price - 0.0014)
> 
> 
> Thanks in advance
> 
> 
> ---
> Giuseppe





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