[amibroker] Re: Stoploss that moves to break-even point and stays there

["rinku" <boyrinku@xxxxxxxxxxx>]

reminder

--- In amibroker@xxxxxxxxxxxxxxx, rink <boyrinku@xxx> wrote:
>
> Hi mike
>   i saw tomasz example but i couldn't make correct formula, will you 
> help me to write the formula? please
> --- In amibroker@xxxxxxxxxxxxxxx, "Mike" <sfclimbers@> wrote:
>  >
>  > Hi,
>  >
>  > I suspect that my previous post was mistaken, and that you would in 
> fact need to use a loop for the scenario being described. The problem is 
> that PriceBought cannot reliably be calculated because ExRem cannot be 
> used on Buy since you don't know in advance when the stops take effect.
>  >
>  > Tomasz has a scale out example here:
>  > http://www.amibroker.com/guide/h_pyramid.html
>  >
>  > Try modifying it to change the exit threshold rather than scaling out.
>  >
>  > Mike
>  >
>  > --- In amibroker@xxxxxxxxxxxxxxx, "rinku" <boyrinku@> wrote:
>  > >
>  > > hi mike
>  > > thanks for formula
>  > > but it is applicable only long trades how can i also use it at 
> short trades
>  > > example if i sell a stock at 100 with 1% stop loss at 101 when 
> prices drop 5% at 95 stop should move to break even at 100
>  > > thank you
>  > >
>  > > --- In amibroker@xxxxxxxxxxxxxxx, "Mike" <sfclimbers@> wrote:
>  > > >
>  > > > Hi,
>  > > > 1. You should not be passing expressions like "exitAtStop = True" for
>  > > > parameters. Just pass True. The "=" part is for documentation only.
>  > > > 2. You don't need a loop here. ApplyStop accepts dynamic stop 
> values via
>  > > > an array. Try the following (assuming that Buy does not have any
>  > > > redundant signals - i.e. use ExRem):
>  > > > PriceBought = ValueWhen(Buy, Close);
>  > > > Threshold = Close >= 1.05 * PriceBought;
>  > > > Threshold = Flip(Threshold, Sell);
>  > > >
>  > > > Stop =  IIF(Threshold, 0, 1);
>  > > > ApplyStop(stopTypeLoss, stopModePercent, Stop, 1, true);
>  > > >
>  > > > Mike
>  > > > --- In amibroker@xxxxxxxxxxxxxxx, "smrcek18" <smrcek18@> wrote:
>  > > > >
>  > > > >
>  > > > >
>  > > > >
>  > > > >
>  > > > >
>  > > > > Anyone knows what is wrong with the code below?  It gives me 
> strange
>  > > > results. It ignores BreakevenTarget variable...
>  > > > >
>  > > > > BreakevenTarget = 5;
>  > > > > priceatbuy=0;
>  > > > > highsincebuy = 0;
>  > > > >
>  > > > > for( i = 0; i < BarCount; i++ )
>  > > > > {
>  > > > >    if( priceatbuy == 0 AND Buy[ i ] )
>  > > > >      {
>  > > > >        priceatbuy = BuyPrice[ i ];
>  > > > >      }
>  > > > >    if( priceatbuy > 0 )
>  > > > >      {
>  > > > >        highsincebuy = Max( High[ i ], highsincebuy );
>  > > > >       if( highsincebuy >= ( 1 + BreakevenTarget * 0.01 ) * 
> priceatbuy
>  > > > )
>  > > > >        {
>  > > > >        // 5% target hit
>  > > > >   sellpercent = 0;
>  > > > >        } else {
>  > > > >   sellpercent = 1;
>  > > > >  }
>  > > > >      }
>  > > > > }
>  > > > >
>  > > > > ApplyStop(stopTypeLoss, stopModePercent,
>  > > > sellpercent,exitatstop=True,volatile=True,ReEntryDelay=False);
>  > > > >
>  > > > >
>  > > > > --- In amibroker@xxxxxxxxxxxxxxx, "smrcek18" smrcek18@ wrote:
>  > > > > >
>  > > > > > Hello,
>  > > > > >
>  > > > > > Can anyone help me with coding a stoploss that goes to break-even
>  > > > point and stays there?
>  > > > > >
>  > > > > > Let's look at this simple code:
>  > > > > >
>  > > > > > BuyPrice = C;
>  > > > > > SellPrice = C;
>  > > > > >
>  > > > > > Buy=C>Ref(H,-1);
>  > > > > > Sell=C<Ref(L,-1);
>  > > > > >
>  > > > > > ApplyStop(stopTypeLoss, stopModePercent, 1, True);
>  > > > > >
>  > > > > > I would like that when the price reaches +5% the stoploss 
> moves from
>  > > > 1% to break-even point (zero+commision+spread) and stays there. 
> Second
>  > > > option is to have a stoploss that goes to break-even point after a
>  > > > couple of days (lets say 10 days) and stays there.
>  > > > > >
>  > > > > > I was looking at similar example here
>  > > > 
> http://www.mail-archive.com/amibroker@xxxxxxxxxxxxxxx/msg45865.html, but
>  > > > it's too complicated for me :(
>  > > > > >
>  > > > > > I would appreciate if anyone could help me with that. Thanx.
>  > > > > >
>  > > > >
>  > > >
>  > >
>  >
>




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