[amibroker] Re: Apply Stop

["zim630@xxxxxxxx" <zim630@xxxxxxxx>]

Thank You!!!


--- In amibroker@xxxxxxxxxxxxxxx, Aron <aron.groups@xxx> wrote:
>
> I can not see what you are looking for in your code. Applystop() is for 
> exits not for entries.
> If you want to buy on a new high immediately after close price crosses 
> your moving average the code should be smth. like this:
> 
> myAverage = ....
> Cond1 = Cross(Close, myAverage);
> Cond2 = ref(Cond1,-1); // returns 1 if cross above occurs in the 
> previous bar
> Cond3 = High > ref(High,-1); // returns 1 if new high is established
> buy  = Cond2 and Cond3;
> BuyPrice  = ref(high,-1) + ticksize; // buy 1 tick above previous High
> 
> // your exit logic using ApplyStop() here.......
> 
> 
> 
> zim630@xxx wrote:
> > Aaron 
> >
> > Thanks much for the reply - Appreciated.
> >
> > The reason cross was not used was because when the condition was met, i.e. C> than moving average I wanted to initiate a buy stop above the high that occurred on the day of the cross. I'm sure that was not apparent :-) 
> >
> > Sorry for the confusion.
> >
> > Thanks again
> > Bill
> >
> >
> >
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>




------------------------------------

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