[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Stop Loss



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>----- Original Message ----- </FONT>
<DIV><FONT face=Arial size=2>From: HHP &lt;<A 
href="mailto:hhp@xxxxxxxx";>hhp@xxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>To: &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: March 15, 2000 11:25 PM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: Re: Stop Loss</FONT></DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>&gt; Theo,<BR>&gt; <BR>&gt; Use the 'short one' 
when you would sell short - i.e. in downtrends, and<BR>&gt; the 'long one' in 
uptrends.&nbsp; Stay out of the market or use something<BR>&gt; else when things 
are flat.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>HHP :</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>That i understand but can you 
answer my 2 questions please ?</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp; 1)&nbsp; Can you please give 
additional explanation ?</FONT></DIV>
<DIV><FONT face=Arial size=2><BR>2)&nbsp; When i plot the short one it's below 
the long one<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;in general : is that 
ok ?<BR></DIV></FONT>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Thx 
Theo.</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><BR><FONT face=Arial size=2>&gt; <BR>&gt; HHP<BR>&gt; 
=======================<BR>&gt; <BR>&gt; &gt; "Theo E.M. Lockefeer" 
wrote:<BR>&gt; &gt; <BR>&gt; &gt; Thanks HHP&nbsp; !<BR>&gt; &gt; <BR>&gt; &gt; 
Can you please give additional explanation ?<BR>&gt; &gt; When i plot the short 
one it's below the long one<BR>&gt; &gt; in general : is that ok ?<BR>&gt; &gt; 
<BR>&gt; &gt; Thx.<BR>&gt; &gt; <BR>&gt; &gt; Theo Lockefeer.<BR>&gt; &gt; 
<BR>&gt; &gt; <BR>&gt; &gt; <BR>&gt; &gt; ----- Original Message -----<BR>&gt; 
&gt; From: HHP &lt;hhp@xxxxxxxx&gt;<BR>&gt; 
&gt; To: &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR>&gt; 
&gt; Sent: March 15, 2000 6:36 AM<BR>&gt; &gt; Subject: Re: Stop Loss<BR>&gt; 
&gt; <BR>&gt; &gt; &gt; Here's a stoploss from Chande &amp; Kroll's The New 
Technical Trader<BR>&gt; &gt; p.167,<BR>&gt; &gt; &gt; 'Volatility-Based 
Trailing Stops'.&nbsp; There are three input variables<BR>&gt; &gt; to<BR>&gt; 
&gt; &gt; play with.<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; {Volatility Stop 
(Long)}<BR>&gt; &gt; &gt; Pds1:= Input("ATR Lookback?",2,100,10);<BR>&gt; &gt; 
&gt; Mult:= Input("ATR Multiplier?",1,20,3);<BR>&gt; &gt; &gt; Pds2:= Input("HHV 
Lookback?",2,100,20);<BR>&gt; &gt; &gt; PrelimStop:= HHV(H,Pds1) - 
ATR(Pds1)*Mult;<BR>&gt; &gt; &gt; ActualStop:= HHV(PrelimStop,Pds2);<BR>&gt; 
&gt; &gt; ActualStop<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; {Volatility Stop 
(Short)}<BR>&gt; &gt; &gt; Pds1:= Input("ATR Lookback?",2,100,10);<BR>&gt; &gt; 
&gt; Mult:= Input("ATR Multiplier?",1,20,3);<BR>&gt; &gt; &gt; Pds2:= Input("LLV 
Lookback?",2,100,20);<BR>&gt; &gt; &gt; PrelimStop:= LLV(L,Pds1) + 
ATR(Pds1)*Mult;<BR>&gt; &gt; &gt; ActualStop:= LLV(PrelimStop,Pds2);<BR>&gt; 
&gt; &gt; ActualStop<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; HHP<BR>&gt; &gt; &gt; 
=========================<BR>&gt; &gt; &gt;<BR>&gt; &gt; &gt; Simon Roberts 
wrote:<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; wally,<BR>&gt; &gt; &gt; 
&gt; can't quite figure how this will work. if you&nbsp; leave the stop 
at<BR>&gt; &gt; 80% of your<BR>&gt; &gt; &gt; &gt; close it will work well all 
the way up; it won't ever trigger; but<BR>&gt; &gt; on the<BR>&gt; &gt; &gt; 
&gt; way down, it will carry on down beneath you, in a comforting sort<BR>&gt; 
&gt; of way.<BR>&gt; &gt; &gt; &gt; It's a bit like hanging out a sell now sign 
on the end of a rope<BR>&gt; &gt; hanging<BR>&gt; &gt; &gt; &gt; from your hot 
air balloon, you only catch up with it when you hit<BR>&gt; &gt; the<BR>&gt; 
&gt; &gt; &gt; ground.<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; one way to 
plot some price offsets is with the moving average<BR>&gt; &gt; 
indicator,<BR>&gt; &gt; &gt; &gt; which is on the toolbar, indicator quicklist, 
which lets you input<BR>&gt; &gt; say 1 day<BR>&gt; &gt; &gt; &gt; average, at 
any displacement from the price, up down and or<BR>&gt; &gt; sideways.<BR>&gt; 
&gt; &gt; &gt; Simon<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; -----Original 
Message-----<BR>&gt; &gt; &gt; &gt; From: j seed &lt;<A 
href="mailto:jseed_10@xxxxxxxxxxx";>jseed_10@xxxxxxxxxxx</A>&gt;<BR>&gt; &gt; 
&gt; &gt; To: <A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR>&gt; 
&gt; &gt; &gt; Date: 14 March 2000 16:04<BR>&gt; &gt; &gt; &gt; Subject: Re: 
Stop Loss<BR>&gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; &gt;Wallie,<BR>&gt; &gt; 
&gt; &gt; &gt;Pie of cake! First go to the Indicator Builder...click on<BR>&gt; 
&gt; new...name your<BR>&gt; &gt; &gt; &gt; &gt;new indicator(Wallie's 20% Stop 
Loss Indicator). Now the hard<BR>&gt; &gt; part...how<BR>&gt; &gt; &gt; &gt; 
&gt;does your original indicator plot? Is it an oscillator or a<BR>&gt; &gt; 
simple line<BR>&gt; &gt; &gt; &gt; &gt;study? Oscillators plot above and below a 
specific point usually<BR>&gt; &gt; zero. Line<BR>&gt; &gt; &gt; &gt; 
&gt;studies plot price values. If you are willing to accept a value<BR>&gt; &gt; 
that is 80%<BR>&gt; &gt; &gt; &gt; &gt;of your original indicator value then go 
to functions and select<BR>&gt; &gt; your<BR>&gt; &gt; &gt; &gt; &gt;indicator 
(ie. let's use CCI(14)...) Finally, we want a value of<BR>&gt; &gt; 80% 
so<BR>&gt; &gt; &gt; &gt; &gt;we'll multiply by .80 . So here's your 
indicator:<BR>&gt; &gt; &gt; &gt; &gt;W20SLI<BR>&gt; &gt; &gt; &gt; &gt;CCI(14) 
* .80<BR>&gt; &gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; &gt;You may also want 
to use the other side of the equation by<BR>&gt; &gt; multiplying by<BR>&gt; 
&gt; &gt; &gt; &gt;120%; so your indicator would be:<BR>&gt; &gt; &gt; &gt; 
&gt;<BR>&gt; &gt; &gt; &gt; &gt;CCI(14) * 1.20<BR>&gt; &gt; &gt; &gt; 
&gt;<BR>&gt; &gt; &gt; &gt; &gt;You can plot both lines at the same time in the 
same indciator by<BR>&gt; &gt; defining<BR>&gt; &gt; &gt; &gt; &gt;them in an 
indicator as follows:<BR>&gt; &gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; 
&gt;{W20SLI}<BR>&gt; &gt; &gt; &gt; &gt;MINUS:= CCI(14) * .80;<BR>&gt; &gt; &gt; 
&gt; &gt;PLUS:= CCI(14) * 1.20;<BR>&gt; &gt; &gt; &gt; &gt;MINUS;<BR>&gt; &gt; 
&gt; &gt; &gt;PLUS;<BR>&gt; &gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; &gt; &gt;Okay, 
we've helped you and now it's your turn to help us! Share<BR>&gt; &gt; the 
results<BR>&gt; &gt; &gt; &gt; &gt;of what you get!<BR>&gt; &gt; &gt; &gt; 
&gt;<BR>&gt; &gt; &gt; &gt; &gt;J.<BR>&gt; &gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt; 
&gt; &gt;<BR>&gt; &gt; &gt; &gt; &gt;&gt;From: "Norman Walsh" &lt;<A 
href="mailto:nwalsh@xxxxxxxxxxx";>nwalsh@xxxxxxxxxxx</A>&gt;<BR>&gt; &gt; &gt; 
&gt; &gt;&gt;Reply-To: <A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A><BR>&gt; &gt; 
&gt; &gt; &gt;&gt;To: &lt;<A 
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>&gt;<BR>&gt; 
&gt; &gt; &gt; &gt;&gt;Subject: Stop Loss<BR>&gt; &gt; &gt; &gt; &gt;&gt;Date: 
Mon, 13 Mar 2000 20:47:02 -0000<BR>&gt; &gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; 
&gt; &gt; &gt;&gt;Hi<BR>&gt; &gt; &gt; &gt; &gt;&gt;As a new comer to metastock 
I would like to know how to plot an<BR>&gt; &gt; Indicator<BR>&gt; &gt; &gt; 
&gt; &gt;&gt;20% below a line chart, as a stop loss. Also how to start it 
at<BR>&gt; &gt; a specific<BR>&gt; &gt; &gt; &gt; &gt;&gt;date.<BR>&gt; &gt; 
&gt; &gt; &gt;&gt;<BR>&gt; &gt; &gt; &gt; &gt;&gt;Thanks in advance.<BR>&gt; 
&gt; &gt; &gt; &gt;&gt;<BR>&gt; &gt; &gt; &gt; &gt;&gt;wallie.<BR>&gt; &gt; &gt; 
&gt; &gt;<BR>&gt; &gt; &gt; &gt; 
&gt;______________________________________________________<BR>&gt; &gt; &gt; 
&gt; &gt;Get Your Private, Free Email at <A 
href="http://www.hotmail.com";>http://www.hotmail.com</A><BR>&gt; &gt; &gt; &gt; 
&gt;<BR>&gt; &gt; &gt; &gt; &gt;<BR>&gt; &gt; &gt;<BR>&gt; 
</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed Mar 15 23:15:51 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id XAA19510
	for <neal@xxxxxxxxxxxxx>; Wed, 15 Mar 2000 23:15:41 -0800
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id PAA10545
	for metastock-outgoing; Thu, 16 Mar 2000 15:00:54 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id PAA10542
	for <metastock@xxxxxxxxxxxxxxxxxx>; Thu, 16 Mar 2000 15:00:51 -0700
Received: from lagavulin.euronet.be (lagavulin.euronet.be [195.74.193.31])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id XAA08068
	for <metastock@xxxxxxxxxxxxx>; Wed, 15 Mar 2000 23:33:03 -0700 (MST)
Received: from pc-comm (i-52-105.bfp-s.euronet.be [212.65.52.105])
	by lagavulin.euronet.be (8.9.3/8.9.3) with ESMTP id HAA02194
	for <metastock@xxxxxxxxxxxxx>; Thu, 16 Mar 2000 07:17:09 +0100 (MET)
Message-Id: <4.2.2.20000316070707.00aba140@xxxxxxxxxxxxxx>
X-Sender: mjjo5656@xxxxxxxxxxxxxx
X-Mailer: QUALCOMM Windows Eudora Pro Version 4.2.2 
Date: Thu, 16 Mar 2000 07:10:27 +0100
To: metastock@xxxxxxxxxxxxx
From: Alain Jossart <Alain.Jossart@xxxxxxxxxx>
Subject: Re: MS 7.0  EOD ?
In-Reply-To: <38CF48D0.3062856C@xxxxxxxx>
References: <4.2.2.20000315072034.00ab63e0@xxxxxxxxxxxxxx>
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"; format=flowed
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   


HHP, so nothing really changed. This confusion between logical organization 
(user thinking) and physical (disc) layout is a 70's bad software design... 
When will this bull....t repaired by Equis ???

At 00:24 15/3/2000 -0800, HHP wrote:
>Sorry, Alain, but I don't think you can.  From an exploration report you
>get to chart one issue but the 'next' and 'previous' buttons don't
>work.  You can save the list from an exploration and use it for a
>further exploration, but I don't see how to run through all the charts
>easily.
>
>As an afterthought, ver. 7 has 'Favourites' (silly name) which lets you
>put a lot of secutities in one big folder (subject to size limitations)
>and put subsets into "Favourites' folders, and these act as shortcuts to
>the big folder.  So you can have a large database in the main folder but
>put groupings such as industries into individual 'Favourites' folders.
>
>HHP
>========================
>
>Alain Jossart wrote:
> >
> > At 01:10 13/3/2000 -0800, HHP wrote:
> > >b.  The ability to make a multi-chart layout or template and to rotate
> > >securities through them in synch with one click.  I like to have daily
> > >and weekly views side-by-side and cycle all the securities in a folder
> > >through the template.
> >
> > Is this available for user defined lists ? How do you cycle all securities
> > from an Explorer input or output list ?