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



PureBytes Links

Trading Reference Links

Thanks. That helps to clarify.


--- In amibroker@xxxxxxxxxxxxxxx, "progster01" <progster@xxx> wrote:
>
> --- In amibroker@xxxxxxxxxxxxxxx, "ozzyapeman" <zoopfree@> 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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