RE: [amibroker] Set Stop for Low of Trade Bar

["Bob Jagow" <bjagow@xxxxxxxxxxxxx>]

Are you trying to calculate a hypothetic max profit, Dean?

Since AB can't know the bar's hi and low until the bar ends, wouldn't it
have to settle for placing a limit order on the next bar?

Regards,
Bob


-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]On
Behalf Of Dean Hodgins
Sent: Monday, June 06, 2005 8:10 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Set Stop for Low of Trade Bar


There must be a way of setting a stop to equal the low of the bar at
which a trade signal is given but I can't quite figure out how to put
the AFL functions together to achieve this.

I'm using    "Short = ExRem(Short,Cover);"  to restrict the
number of trade signals given and a normal applystop function that
limits uses a 1% stop loss:

ApplyStop(stopTypeLoss,stopModePercent,
         Optimize( "Stop Loss ", 1, 1, 2, 1 ),
         True );

How would I set the loss at the value of the high of the bar at which
the short signal was generated. (or reverse for a buy)


As Always - thanks for any suggestions or pointers.


Regards to all


Dean Hodgins










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