Re: [amibroker] Drawing Stop Loss Line

["rpc200512" <rpc200512@xxxxxxxxx>]

Hi Rick

Thanks for the code.I want to draw the horizontal line depending on the Buy signal generated by afl.While doing so only the last Buy signal should be taken into account.

In fact I am unable to find at which BarCount the last buy occured.Pls guide in this respect.After finding that I will have to get the Low of that bar and Low of the previous bar.

rpc

----- Original Message -----

From: Rick Osborn

To: amibroker@xxxxxxxxxxxxxxx

Sent: Wednesday, May 02, 2007 4:56 PM

Subject: Re: [amibroker] Drawing Stop Loss Line

This should get you started.
It assumes the buy happened on the current bar - which
at least will give you the sell stop limit.

It could be refined by getting the BarCount value when
the buy occurred.
Hope it helps

Rick

_SECTION_BEGIN("Stop Calculator");
// Stop Calculator
slpoint = Min(L,Ref(L,-1))*0.95; // 5% below lower of
current day or yesterday
y2 = LastValue(slpoint);
x2 = BarCount -8; // no. bars back to start the line
plot
x3 = BarCount -1;
Line = LineArray( x2, y2, x3, y2, 0 );
Plot( Line, "Trend line", colorWhite);
_SECTION_END();

--- rpc20060610 <rpc200512@xxxxxxcom> wrote:

> Hi
> I want to draw a Stop Loss line (Horizontal) at 5 %
> below the the
> lower of current bar(where Buy is triggered) or
> earlier bar whichever
> is lower.I am finding difficult to determine how to
> find where did last
> buy occur on the chart from within the AFL.
> Any help in this regard will be greatly appreciated
> rpc20060610
>
>

Rick Osborn & Associates
885 Sorrento Ave.
Oshawa, Ontario L1J 6V6
(905) 728-8543 fax 728-0815

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