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Thanks, that other code didn't work correctly because of that
reason, but I used applystop and it works fine.
New code:
Buy = RSI() < 25;
Sell = RSI() > 50;
a = Optimize( "max. loss stop level", 20, 2, 30, 1 );
ApplyStop(stopTypeLoss, stopModePercent, a, True );
Jacques
--- In amibroker@xxxxxxxxxxxxxxx, "Terry" <MagicTH@xxxx> wrote:
> I don't think that will work since BuyPrice changes everyday.
You'd have
> to remember the BuyPrice on the day of the Buy. However, ApplyStop
will
> do this using Max Loss and Trailing Stop too if you want the
drawdown
> from the MFE (high point of the trade).
>
> --
> Terry
>
>
> | -----Original Message-----
> | From: amibroker@xxxxxxxxxxxxxxx
> | [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of TB
> | Sent: Sunday, June 26, 2005 02:51
> | To: amibroker@xxxxxxxxxxxxxxx
> | Subject: AW: [amibroker] Selling by percent drawdown
> |
> |
> | Hi,
> |
> | Here is the code. You can also use the build-in settings.
> | Simple click in AA: Settings - Trade
> |
> | Buy = RSI() < 25;
> | BuyPrice = ValueWhen(Buy,C);
> | Sell = RSI() > 50 OR Close < BuyPrice *.90;
> |
> | Regards
> |
> | Thomas
> | www.tradingbasis.com
> |
> |
> | -----Ursprüngliche Nachricht-----
> | Von: amibroker@xxxxxxxxxxxxxxx
> | [mailto:amibroker@xxxxxxxxxxxxxxx] Im Auftrag von jacquesmmathieu
> | Gesendet: Sonntag, 26. Juni 2005 05:24
> | An: amibroker@xxxxxxxxxxxxxxx
> | Betreff: [amibroker] Selling by percent drawdown
> |
> | I wanted to code so that my system sold when it drew down a
certain
> | percentage from the buy, but after repeated checking of my
results I
> | have been getting no sell signals from drawdowns (in essence a
> | stop). My coding sucks, but maybe someone can tell me what I'm
doing
> | wrong.
> |
> | Simple version:
> |
> | buy = rsi() < 25;
> | sell = rsi() > 50 or close < buy*.90;
> |
> | Can I even use buy like that? Sorry for the stupid question guys.
> |
> | Thanks,
> |
> | Jacques
> |
> |
> |
> |
> |
> |
> |
> |
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