[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: More problems with Profit Targets - Could somebody look over this please?



PureBytes Links

Trading Reference Links

Could someone take a look at this pls?
I'm trying to code exiting once price is above buyprice by 3*ATR(20) 
at the time of purchase. The basic code is based on the user guide 
but I've gone wrong somewhere.
Thanks in advance.

BuyATR=ValueWhen(Buy,ATR(20)); // profit 

ProfitTarget = 3*BuyATR;
priceatbuy=0; 
highsincebuy = 0; 

exit = 0; 

for( i = 0; i < BarCount; i++ ) 

{ 
   if( priceatbuy == 0 AND Buy[ i ] ) 
     { 
       priceatbuy = BuyPrice[ i ]; 
     } 

   if( priceatbuy > 0 ) 
     { 
       highsincebuy = Max( High[ i ], highsincebuy ); 

      if( exit == 0 AND 
          High[ i ] >= ProfitTarget * priceatbuy) 
       { 
         // first profit target hit - scale-out 
         exit = 1; 
         Buy[ i ] = sigScaleOut; 
       } 

  } 
}

SetPositionSize( 50, spsPercentOfPosition * ( Buy == 
sigScaleOut ) ); // scale out 50% of position 



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 NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/

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/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/amibroker/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:amibroker-digest@xxxxxxxxxxxxxxx 
    mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx

<*> 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/