|
PureBytes Links
Trading Reference Links
|
Applystop works off the value of the retracement below the highest
high after the buy signal (highest (H-stop amount) since buy)
Your applystop statement
ApplyStop(stopTypeTrailing,stopModePoint,Ref(Low,-1)-SafeZoneStopLong,1);
changes the retracemet to be the Low-retracement,so the plot does not
show the true stop values
If you want to use the highest (Low-retracement) then you sould code it in AFL
This would often require a loop, but in this case you cannot get a new
buy until after a norma sellsignal occurs, so you could just code
something along these lines
Sell = Sell OR Cross( hhighestsince(buy, Ref(Low,-1)-SafeZoneStopLong), C );
--
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 1/28/06, ryan_carstens <contact@xxxxxxxxxxxxxxxx> wrote:
> I'm trying to implement a SafeZone Stop. I'm certain the stop logic
> is coded correctly, but I find the directions for ApplyStop to be
> very confusing. This stop graphs correctly, but when backtested,
> the stop doesn't behave correctly. I'm entering on close and would
> like to have the stop placed the next day and when hit the trade
> should be exited at the stop price. I have "Activate Stops
> Immediately" although I don't fully understand the affect this has.
> I think I'm just a little foggy on the scope of when things happen.
>
> Any help would be very much appreciated as I've gotten to the point
> where I've exhausted all resources and am just getting frustrated.
>
>
> BuySignal = close > ema(close,20);
> Buy = BuySignal;
> SellSignal = close < ema(close,20);
> Sell = SellSignal;
>
> Buy = ExRem(Buy,Sell);
> Sell = ExRem(Sell,Buy);
>
> //Implement Safezone Stop/////
> L1=Ref(L,-1);
> Pd=Param("Period",10,1,50,1);
> DnPen=IIf(L<L1,L1-L,0);
> DnPenSum=Sum(DnPen,Pd);
> DnPenCount=Sum(L<L1,Pd);
> AvgDnPen=DnPenSum/DnPenCount;
> AvgDnPenMult=Param("Multiplier",2,1,4,0.1);
> DaysInTrade=BarsSince(Buy);
> StopLong=L-(AvgDnPen*AvgDnPenMult);
> SafeZoneStopLong=HHV(StopLong,DaysInTrade);
>
> ApplyStop(stopTypeTrailing,stopModePoint,Ref(Low,-1)-
> SafeZoneStopLong,1);
>
> Plot(Close,"Close",colorBlack,styleBar);
> Plot( SafeZoneStopLong, "Trailing stop", colorBrown, styleThick |
> styleLine );
> PositionSize = -15;
>
>
>
>
>
>
> 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
>
>
>
>
>
>
>
------------------------ Yahoo! Groups Sponsor --------------------~-->
Try Online Currency Trading with GFT. Free 50K Demo. Trade
24 Hours. Commission-Free.
http://us.click.yahoo.com/RvFikB/9M2KAA/U1CZAA/GHeqlB/TM
--------------------------------------------------------------------~->
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
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|