[amibroker] Re: Dumb Question on Stop Losses and Ticks

["progster01" <progster@xxxxxxxxxxxxxxxxxx>]

--- In amibroker@xxxxxxxxxxxxxxx, "ozzyapeman" <zoopfree@xxx> wrote:

> In other words, are stops hit based on close price of a bar or based on
> the high/low of a bar?

Most often stops are hit based on H/L, but it can depend on how you
set it up.

Many stop setups are described here:

http://www.amibroker.com/guide/afl/applystop.html

To exit-on-close as you've described, it seems you may be interested
in Scenario 4 (but I've not tested this).

Scenario 4:
you trade on today's close and want to exit only when today's close
price hits the stop level

Correct settings:
ActivateStopsImmediately turned OFF
ExitAtStop = 0
Trade delays set to zero
Trade price set to close




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