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I believe you are having the same troubles that I was in a few weeks ago.
It's not clear to me if you want the long to close when the short is opened
or not. Also, your 'trailing stop' formula is not clear. If the trailing
stop is based on the open price then your sell is linked to the buy. I'm
guessing you are also wanting to exclude unwanted intermediate signals. To
do these things I have discovered -- with much help from the users of this
group -- that you must use either applystop if it is suitable, or use a
'for' loop to define your trade signals -- Flip, exrem etc are not suitable
for this.
chuck
----- Original Message -----
From: "sslack88" <jzzpiano88@xxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Sunday, January 22, 2006 7:45 PM
Subject: [amibroker] Plotting Bands when Long or Short
>I want to plot a green band if I am in a long position, and a red band
> if I am in a short position. No problem, right?
>
> Here's the tricky part:
>
> ** Only one position can be open at a time
> * TrailingStop is a function I created
>
> LongEntry = C > Ref(C,-1);
> LongExit = C < TrailingStop;
>
> ShortEntry = C < Ref(C,-1);
> ShortExit = C > TrailingStop;
>
> * Remember, only one position can be open at a time. Obviously,
> higher closes are going to exist even when I am in a short position,
> so using the FLIP function doesn't seem to work.
>
> Any Ideas? Thanks in advance.
>
>
>
>
>
>
>
>
>
>
> 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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