PureBytes Links
Trading Reference Links
|
I want to set a stop on a buy signal calculated using one formula and
then change the the stop on subsequent bars using another formula. I
have tried the following:
Buy = Cross(C, movingAverage);
stopPrice=0;
temp1=0;
if(Buy=1)
{
stopPrice=BuyPrice-(mmstp*exitAtr);
}
else
{
temp1 =(High - (stpParmA *exitAtr)) - stopPrice;
if (temp1[i] > 0.0)
{
stopPrice=stopPrice + (stpParmB*temp1);
}
else
{
stopPrice=stopPrice;
}
}
This does not work. The initial stop is set OK but the stops on
subsequent bars are not changed.
Any help would be much appreciated.
Best regards,
Drew Yallop
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.441 / Virus Database: 268.18.2/692 - Release Date: 2/18/2007 4:35 PM
|