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I'm backtesting a system which uses both a profit and loss point stop.
The issue is I only want to activate(at my stop price) the loss stop
immediately, but NOT the profit stop. Amibroker seems to only allow
you to activate all stops immediately or none at all. During
backtesting, I'm continuously being stopped out at a profit on my
ENTRY bar, even though I know that the profit target was probably hit
before I entered the trade.
On the other hand, I still want to activate my stop loss immediately
because I want to be able to optimize how closely I set my stop loss
minimize being stopped out unnecessarilty.
Any ideas? thanks in advance for your help?
Chris,
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