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You need to use a different format. ApplyStop will always be in referenceto
the buyprice.
Try this:
Sell = iif(Cross(Low,Ref(LLV(L,21),-1)));
Your support line becomes LLV(L,21) up to 2nd last bar.
----- Original Message -----
From: "Christy Wagner" <eric.w.wagner@xxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 15, 2008 7:11 PM
Subject: [amibroker] applystop() function
>I am trying to use this function as a trailing stop.
>
> ApplyStop(stopTypeTrailing, stopModePoint, LLV(L,21)+0.07,1);
>
> I want it to reference the llv(l,21) instead of the entry point. How
> do I do that?
>
> In other words I want my trailing stop to be the lowest low of the
> past 21 days +0.07 and as the market moves in my favor this will also
> increase. So it will be dynamic. If I simply put 0.07 in the
> "amount" field I will exit my entry point + 0.07. If I put llv(l,21)
> +0.07 in the "amount" field it won't trigger because it is taking the
> llv(l,21) + 0.07 and adding to my entry point, which will never get hit.
>
> Is there a way to have this function reference another level to
> add/subtract the "amount" field other than the entry point?
>
> Eric
>
>
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------------------------------------
**** 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
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