|
PureBytes Links
Trading Reference Links
|
Hello,
*Everything* is possible in AFL.
You can print it and hang over your desk.
What's more there are usually many ways to do every thing.
>From complicated ones to easy ones.
The fact that you don't know how to do given thing
does not mean that it is impossible. It only means that
you need to learn.
Answering original poster:
>> The settings I would like to use is as follows.
>> SetOption("AllowSameBarExit",1);
WRONG. Should be set to zero (false).
This should be only set to true when SINGLE BAR trade is allowed.
In your case it is NOT because exit is based on PREVIOUS BAR close.
If you want to use CLOSE instead of High-Low range for stop loss,
you should simply use Volatile = True setting in ApplyStop
and add the difference between High and Close to your stop amount:
OrigStopAmount = 0.3;
ApplyStop( stopTypeLoss, stopModePoint, OrigStopAmount, Close - High + OrigStopAmount, 2, True );
This is assuming that you need stop in points.
The other method is presented in the Knowledge Base and it does
not require ApplyStop at all. It is general-purpose code for any kind of stop
with any imaginable setup
http://www.amibroker.com/kb/2007/03/24/how-to-plot-a-trailing-stop-in-the-price-chart/
With modification of two lines we can adopt it to max. loss stop that acts on next
open based on prev day penetration of stop level by close price
stopLevel = 1 - Param("stop %", 3, 0.1, 10, 0.1)/100;
Buy = Cross( MACD(), Signal() );
Sell = 0;
trailARRAY = Null;
trailstop = 0;
for( i = 1; i < BarCount; i++ )
{
if( trailstop > 0 AND Low[ i ] < trailstop )
{
Sell[ i ] = 1;
SellPrice[ i ] = Open[ i ];
trailstop = 0;
}
if( trailstop == 0 AND Buy[ i ] )
{
trailstop = Close[ i ] * stoplevel;
}
else Buy[ i ] = 0; // remove excess buy signals
if( trailstop > 0 )
{
trailARRAY[ i ] = trailstop;
}
}
PlotShapes(Buy*shapeUpArrow,colorGreen,0,Low);
PlotShapes(Sell*shapeDownArrow,colorRed,0,High);
Plot( Close,"Price",colorBlack,styleBar);
Plot( trailARRAY,"trailing stop level", colorRed );
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: "zozuzoza" <zozuka@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, October 14, 2008 2:16 PM
Subject: [amibroker] Re: Applystop StopLoss - trade on next day OPEN when PREVIOUS day CLOSE
> Unfortunately, this is not possible in AFL I am afraid. I tried the
> following but does not work either because sometimes it gives wrong
> signals.
>
> Sell=C<(1-StopLoss/100)*ValueWhen(Buy,Ref(O,1),1)
>
> I wonder if anybody managed to build proper trading system based on
> EOD data in Amibroker, which can be used in real trading. If your
> indicators are based on Close then you have to trade on next day
> Open, in which case you need to use Settradedelays and you are
> immediately dead as AFL does not support this. If you want to use
> combined StopLoss and Profittarget exits together, it does not work.
> If you want to use combined Trailing stop and PT exits, it does not
> work. You can find couple of useless examples in AFL Function
> Reference under ApplyStop, which has nothing to do with real trading.
>
> I am really disappointed with Amibroker and AFL. I have been
> programming it for 2 years so I know what I am talking about. You
> cannot find out what the reason of the bad exit signals are. It is
> like a black box.
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "zozuzoza" <zozuka@xxx> wrote:
>>
>> Hi,
>>
>> I would like to apply a stoploss on next day OPEN when PREVIOUS day
>> CLOSE hits stop and Sellprice=Open. In the AFL library, I could only
>> find the solution for
>> "Scenario 3:
>> you trade on next day OPEN and want to exit by stop on OPEN price
>> when PREVIOUS day H-L range hits stop"
>>
>> This is almost good for me except I want the Applystop function to
>> check the PREVIOUS day Close instead of the H-L range.
>>
>> The settings I would like to use is as follows.
>> SetOption("AllowSameBarExit",1);
>> SetOption( "ActivateStopsImmediately", 1);
>> SetTradeDelays( 1, 1, 1, 1 );
>> BuyPrice=O;
>> SellPrice=O;
>>
>> I am stucked. Could anybody help me please how I can do it.
>>
>> Thank you.
>>
>
>
>
> ------------------------------------
>
> **** IMPORTANT ****
> This group is for the discussion between users only.
> This is *NOT* technical support channel.
>
> *********************
> TO GET TECHNICAL 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
>
>
>
------------------------------------
**** IMPORTANT ****
This group is for the discussion between users only.
This is *NOT* technical support channel.
*********************
TO GET TECHNICAL 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/
|