PureBytes Links
Trading Reference Links
|
Hello All,
I'm tryin to code a trailing stop loss but am having a number of
problems with writing the code.
What I'm trying to achieve is:
1. Once a Buy signal appears from my system, the value of the current
AccDist() Line should be recorded.
2. As long as the AccDist() moves upwards the trade should remain
open.
3. However, once the AccDist() line falls by a certain percentage
(say 10% for this example) from its Highest value since the trade was
opened, the trade should be stopped out.
I have some code for a simple trailing stop based on the Low of the
price (see below) but I'm not sure how to modify it to accomplish the
above.
Any ideas would be most welcome...
Initial = LLV(Low,5);
stop[0] = Close[0];
for( i = 1 ; i < BarCount; i++)
{
if( Close[i] > stop[i-1])
{
stop[i] = Max( initial[i], stop[i-1] );
}
else { stop[i] = initial[i]; }
}
Plot( stop, " Stop Loss", ParamColor("Color", colorCycle ), ParamStyle
("Style", styleDots | styleNoLine, maskDefault | styleDots |
styleNoLine ) );
Many Thanks in advance,
Chorlton
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/
|