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Hi Paul,
I might jump in. The problem I see at the moment is that your stop amount
needs to be the distance from entry. Assume ref(l,-2) = 10 and ref(l,-1) =
8 and your buy price is 14.
Currently your stop is 10+8-5=13. Don't know about you, but that's a pretty
wide stop :-).
I imagine what your looking for under these circumstances is a 1 'point'
stop, i.e. 14-13.
Your calc needs to be BuyPrice - (ref(l,-2)+(ref(l,-1)-ref(l,-2))*0.5)
On 18/01/07, paulradge <paulradge@xxxxxxxxxxxxxxx> wrote:
>
> sorry typed the calc wrong should have checked it before posting ,,
>
> this is the calcultion i'm using,,,
>
> ref(l,-2)+(ref(l,-1)-ref(l,-2))*0.5
>
>
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