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PureBytes Links
Trading Reference Links
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Also look at ApplyStop in the User's Guide (Help). There is a simple one in the Examples.
Joe
--- In amibroker@xxxxxxxxxxxxxxx, "wavemechanic" <fimdot@xxx> wrote:
>
> There are chandelier codes in the library.
>
> Bill
> ----- Original Message -----
> From: nizar.mahri@xxx
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: May 24, 2009 10:09 PM
> Subject: [amibroker] Chandalier Trailing Stop
>
>
> Hi,
>
> Im looking at designing a chandalier style exit which is based on X*ATR(10) from the highest high after entry.
>
> So it trails the price and increases whenever a new high CLOSE price is made.
>
> If no new higher closes are made, then the the stop will flatline, and when it is hit, an exit will be triggered.
>
> See this for an example (this chart was created in MS - Im new to Ami).
> http://2.bp.blogspot.com/_CGPIdAqau4Q/RwLuJmNzyeI/AAAAAAAAACw/HKNa4sLhdB8/s1600-h/COH+champion+trade.JPG
>
> Any help here would be much appreciated.
>
> Thanks.
>
> Nizar.
>
>
>
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