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[amibroker] Re: Trading from the chart



PureBytes Links

Trading Reference Links

The only problem I see with setting up a bracket order ahead of time 
with your entry is that, if you get a better fill than your limit 
request, you've allowed the market to widen your stop and shorten your 
target over what you wanted initially.

It's probably a good idea to check your fill against where you wanted 
to get filled originally and then adjust your stop/target bracket 
(automatically in the script) to reestablish your original risk/reward 
setup.  Otherwise, you could have double-slippage where you 
unintentionally widened your stop with a better-than-expected fill and 
then, if you get your stop filled on the bracket, since it's not a 
limit order, get dragged again for 1 or 2 more ticks of slippage.   Not 
fun.  The latter slippage is avoidable though while the former is not.


--- In amibroker@xxxxxxxxxxxxxxx, "treatmentinprogress" <brian5545@xxx> 
wrote:
>
> If you want to trade from the chart, here is a link to some code
> 
> http://blog.tipster.ca/2008/08/tipster-trendlines.html
>



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