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Greetings -- Look in the AmiBroker User's Guide under ApplyStop. There is a detailed description of what settings you need to get various responses. In AmiBroker, Use the Analysis pulldown menu, select Formula Editor, then click Help, search for ApplyStop.
Thanks, Howard On Mon, Oct 6, 2008 at 6:14 AM, zozuzoza <zozuka@xxxxxxxxx> wrote:
Hi,
How do you set the parameters in order to have Trailing Stop and
Profit Target working together? I want to trade with 1 bar delay and
trade on next bar Open.
The settings I use is as follows.
SetOption("AllowSameBarExit",1);
SetOption( "ActivateStopsImmediately", 1);
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice=Open;
SellPrice=Open;
ApplyStop(stopTypeProfit,stopModePercent,ProfitTarget,1,True,0 );
ApplyStop(stopTypeTrailing,stopModePercent,TrailingStop,2,True);
This does not work as the Profit Target has higher priority than the
Trailing Stop so if a Trailing Stop is hit because of the previous
bar H-L range then it should exit on next day Open instead of hitting
the Profit Target on the same day. If I could change the priority
order, then it would probably be OK.
Do you have an idea how to solve this?
Thank you.
Br,
Zozu
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