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The system inplicitly knows the entry point .. no need to specify.
Just specify the profit you want...
applystop(stoptypeprofit,stopmodepoints,.....);
----- Original Message -----
From: "Christy Wagner" <eric.w.wagner@xxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, October 20, 2008 5:30 AM
Subject: [amibroker] Re: Reference Entry Point
> Thanks
>
> Maybe I am just not getting it but if I write this:
>
> iif((close - entrypoint) >
> 4*atr(20),applystop(stoptypeprofit,stopmodepoints,.....),0)
>
> I still need to know "entrypoint" in order to see if the statement is
> true or false won't I?
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Ara Kaloustian" <ara1@xxx> wrote:
>>
>> Use ApplyStop function as a profit target. It automatically
> calculates the
>> profit with respect to the buy price.
>>
>> ----- Original Message -----
>> From: "Christy Wagner" <eric.w.wagner@xxx>
>> To: <amibroker@xxxxxxxxxxxxxxx>
>> Sent: Sunday, October 19, 2008 5:49 PM
>> Subject: [amibroker] Reference Entry Point
>>
>>
>> > What is the best way to reference the entry point of a trade? For
>> > example, if I want to know how far away the market is from my entry
>> > point. Like (todays Close - Entrypoint). I have used valuewhen()
>> > function but it returns the value when the last buy signal was valid
>> > and it may or may not be the actual entrypoint in the trade.
>> >
>> > What I am really wanting to know is how far away today's close is vs
>> > the entrypoint in multiples if Average True Range.
>> >
>> > Thanks
>> >
>> >
>> > ------------------------------------
>> >
>> > **** IMPORTANT ****
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>> > This is *NOT* technical support channel.
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>> > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail
> directly to
>> > SUPPORT {at} amibroker.com
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>> > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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>> >
>> > For other support material please check also:
>> > http://www.amibroker.com/support.html
>> >
>> > *********************************
>> > Yahoo! Groups Links
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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
>
> *********************************
> 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
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