|
PureBytes Links
Trading Reference Links
|
What predicament? If you use a stop you'll want to be stopped out, no?
Some people advocate not using stops in systems. It's up to you.
I use very wide stops on day 1 and bring them in closer on subsequent days.
G
zoopfree@xxxxxxxxxxx wrote:
> This may be a dumb question so please bear with me. I continue to learn
> AmiBroker and build my system in an offline mode as I study historical
> Forex data.
>
> I plan to trade on 15-minute bars. My system relies on placing a Stop
> Loss at 10 pips below an entry price on a Long position. However, I
> noticed on the historical data that the difference between a Low and
> Close price on some bars can be as much as 35 pips! Does this
> essentially mean that my stop loss can be activated by the "price noise"
> of the tick data, as a 15-minute bar gets built in real time? Placing my
> stop below this noise level, say at 40 pips, would screw my system and
> could result in unnecessary losses. I have also heard that some
> unscrupulous brokers can use price noise and spreads to "force"
> artificial activations of stops.
>
> Is there any way around the above predicament? Instead of using an
> actual stoploss command, can one somehow force a sale of a Long position
> when the close of the last bar is 10 pips below entry by hard coding a
> sell rule? Or would that simply be considered a stoploss by the broker,
> making it susceptible to being taken out by price noise?
>
> Thanks!
>
> =====================
> Posted through Grouply, the better way
> to access your Yahoo Groups like this one.
> http://www.grouply.com/?code=post
>
>
>
>
------------------------------------
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/
|