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Can anybody help me? I try to program 2 simple trailing stop lines (5%
and 10%, adjustable) to see wenn I have to sell a investment by hand.
The code is below but it´s not realy doing what I want. My main problem
seems to be, how can I tell the program when to start the lines. the
easiest way would be by cliking on the chart and pressing the "Buy"
button. Removeing with the "Sell" button. I thought using bey an sell
instead of other variables would make it easier, but I am not sure.
If you try it you can see that it´s not doing what I wanted ;-).
Can anybody help me what to change.
Regards
Werner
// AFL Code:
TrailStop_1 = Param("Trailing Stop 1",5,1,50,1);
TrailStop_2 = Param("Trailing Stop 2",10,1,50,1);
Buy = Sell = 0;
Buy = ParamTrigger("Start", "Start" );
Sell = ParamTrigger("Clear", "Clear Trailing Stops" );
Toggle = Flip( Buy, Sell);
Stopline_1 = IIf( Toggle, HighestSince( Buy, High ) * ( 1 - 0.01 *
TrailStop_1 ), Null ); // Stoplinie an wenn Toggle = 1
Stopline_2 = IIf( Toggle, HighestSince( Buy, High ) * ( 1 - 0.01 *
TrailStop_2 ), Null );
Plot( Stopline_1 , "Trailing Stop Line 1", colorRed );
Plot( Stopline_2 , "Trailing Stop Line 2", colorBlue );
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