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RE: [amibroker] ApplyStop using Close price, but exit on Open?



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Graham,

 

You can control the tradePrices used in ApplyStop, which doesn't solve Joel's problem anyway.

 

From Help for ApplyStop:


ExitAtStop = 0 - means check stops using only trade price and exit at regular trade price
(if you are trading on close it means that only close price will be checked for exits and exit will be done at close price)


ExitAtStop = 1 - check High-Low prices and exit intraday on price equal to stop level on the same bar when stop was triggered


ExitAtStop = 2 - check High-Low prices but exit NEXT BAR on regular trade price.

 

--

Terry

 

-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Graham
Sent: Thursday, January 12, 2006 14:47
To: amibroker@xxxxxxxxxxxxxxx
Subject: Re: [amibroker] ApplyStop using Close price, but exit on Open?

 

applystop as far as I am aware uses the low (for long) and high (for short)

If you want to use close price you will need to fully code the exit

 

--

Cheers

Graham

AB-Write >< Professional AFL Writing Service

Yes, I write AFL code to your requirements

http://e-wire.net.au/~eb_kavan/ab_write.htm

 

 

On 1/12/06, joelamibroker <joelamibroker@xxxxxxxxxxxx> wrote:

> Hi,

>

> I am using a Chandelier exit, but I don't think it is being executed

> as I had intended.

> I want to Buy or Sell the shares the next day on OPEN

> IF the share CLOSES at the fixed stop loss or trailing stop.

>

> Will this do it?

>

> SetTradeDelays(1,1,1,1);

>

> Buy=Buysig;

> BuyPrice = O;

>

> ApplyStop(stopTypeTrailing, stopModePoint,trailstop*ATR(14),0,True);

> ApplyStop(stopTypeLoss,stopModePoint, fixedstop*ATR(14),0,False);

>

> Sell = 0;

> SellPrice = O;

>

>

> Joel

>

>

>

>

>

>

>

>

>

> Please note that this group is for discussion between users only.

>

> To get support from AmiBroker please send an e-mail directly to

> SUPPORT {at} amibroker.com

>

> For other support material please check also:

> http://www.amibroker.com/support.html

>

>

> Yahoo! Groups Links

>

>

>

>

>

>

>

 

 

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