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Hello,
Thank you for pointing out the flaw. I changed the code from day() to
datenum() which gives a unique day for the trade.
StopLvl = 0.0030;
Buydate = ValueWhen(Buy,Datenum()); // Determine buy date
StopLvlWid = 0.0010;
StopLvl = IIf( Datenum()!=Buydate, StopLvl+StopLvlWid, StopLvl);
ApplyStop(stopTypeLoss, stopModePoint, StopLvl, True, True);
With an addcolumn, I can see StopLvl changes from 0.0030 to 0.0040
when the date changes but the trade is still stopped out at 0.0030 on
the following day.
Still puzzled.
Regards
Alan
--- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <amibroker@xxxx>
wrote:
> Hello,
>
> Your formula logic is flawed.
>
> Day() represents DAY NUMBER (1-31) not date,
> so
> ValueWhen(Buy,Day())
> will be true EVERY MONTH when day is the same as day of the entry
> (previous month(s))
>
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message -----
> From: "firehorse888uk" <firehorse888uk@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Friday, May 27, 2005 7:50 PM
> Subject: [amibroker] 'Simple!' dynamic applystop help please
>
>
> > Hi,
> >
> > I'm backtesting forex.
> >
> > On the day of the trade, I want the stop loss to be 30pts.
> > On subsequent days, I want the stop loss to be 40pts.
> > Edited relevant section of code follows:
> >
> > StopLvl = 0.0030;
> >
> > Buydate = ValueWhen(Buy,Day()); // Determine buy day
> >
> > StopLvlWid = 0.0010;
> >
> > StopLvl = IIf( Day()!=Buydate, StopLvl+StopLvlWid, StopLvl);
> >
> > ApplyStop(stopTypeLoss, stopModePoint, StopLvl, True, True);
> >
> >
> > Can anyone see why the above code doesn't work.
> > I've tracked StopLvl and it changes correctly for the following
day.
> > I've set dynamic level to true so I don't understand why the trade
> > stops out at 30pts rather than 40pts on subsequent days.
> >
> > Thanks
> > Alan
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