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<DIV><FONT color=#008080 face=Arial><STRONG><EM>HHP :</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Thanks a lot
</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>THEO
L.</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>----- Original Message ----- </FONT>
<DIV><FONT face=Arial size=2>From: HHP <<A
href="mailto:hhp@xxxxxxxx";>hhp@xxxxxxxx</A>></FONT></DIV>
<DIV><FONT face=Arial size=2>To: <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>></FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: March 16, 2000 9:37 AM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: Re: Stop Loss</FONT></DIV></DIV>
<DIV><BR></DIV><FONT face=Arial size=2>> Theo,<BR>> <BR>> Here's a bit
of the text.<BR>> <BR>> "For long trades, subtract the amount 3*ATR(10)
from the highest high<BR>> over the last 10 days. We'll call this
quantity our preliminary long<BR>> stop. Finally, use the highest value
of the preliminary stop over the<BR>> last 20 days as the actual stop for
long trades.<BR>> <BR>> For short trades, add the amount 3*ATR(10) to the
lowest low of the last<BR>> 10 days, calling this quantity our preliminary
short stop. Finally, use<BR>> the lowest value of the preliminary short
stop over the last 20 days as<BR>> the actual stop for short trades."<BR>>
<BR>> Chande goes on to suggest experimenting with the multiplier and the
time<BR>> periods to suit the stop to your trading vehicle and style.<BR>>
<BR>> I kept Chande's terminology, so you can easily verify my coding.
<BR>> <BR>> As to whether one is above or below the other, I would say it
is not<BR>> relevant because only one can apply at a time. The point is
to have a<BR>> stop that follows the trend but strikes a balance between
being close<BR>> enough that you don't take large losses yet far enough away
that you<BR>> don't get bounced out too easily. There are several ways
to define a<BR>> trend and you could write code to switch between between the
two. That<BR>> would not be very different from Andrew Abraham's
"Trading the Trend"<BR>> (TAS&C 9/98) which was resurrected on this list
recently.<BR>> <BR>> HHP<BR>> ==============================<BR>>
<BR>> > "Theo E.M. Lockefeer" wrote:<BR>> > <BR>> > <BR>>
> ----- Original Message -----<BR>> > From: HHP <<A
href="mailto:hhp@xxxxxxxx";>hhp@xxxxxxxx</A>><BR>> > To: <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR>>
> Sent: March 15, 2000 11:25 PM<BR>> > Subject: Re: Stop Loss<BR>>
> <BR>> > > Theo,<BR>> > ><BR>> > > Use the 'short
one' when you would sell short - i.e. in downtrends,<BR>> > and<BR>>
> > the 'long one' in uptrends. Stay out of the market or use
something<BR>> > > else when things are flat.<BR>> > <BR>>
> HHP :<BR>> > <BR>> > That i understand but can you answer my 2
questions please ?<BR>> > <BR>> > 1) Can you
please give additional explanation ?<BR>> > <BR>> > 2) When i
plot the short one it's below the long one<BR>>
> in general : is that ok
?<BR>> > <BR>> > Thx Theo.<BR>> > <BR>> > <BR>> >
><BR>> > > HHP<BR>> > > =======================<BR>>
> ><BR>> > > > "Theo E.M. Lockefeer" wrote:<BR>> > >
><BR>> > > > Thanks HHP !<BR>> > > ><BR>>
> > > Can you please give additional explanation ?<BR>> > >
> When i plot the short one it's below the long one<BR>> > > > in
general : is that ok ?<BR>> > > ><BR>> > > >
Thx.<BR>> > > ><BR>> > > > Theo Lockefeer.<BR>> >
> ><BR>> > > ><BR>> > > ><BR>> > > >
----- Original Message -----<BR>> > > > From: HHP <<A
href="mailto:hhp@xxxxxxxx";>hhp@xxxxxxxx</A>><BR>> > > > To:
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR>>
> > > Sent: March 15, 2000 6:36 AM<BR>> > > > Subject: Re:
Stop Loss<BR>> > > ><BR>> > > > > Here's a stoploss
from Chande & Kroll's The New Technical Trader<BR>> > > >
p.167,<BR>> > > > > 'Volatility-Based Trailing Stops'.
There are three input<BR>> > variables<BR>> > > > to<BR>>
> > > > play with.<BR>> > > > ><BR>> > >
> > {Volatility Stop (Long)}<BR>> > > > > Pds1:= Input("ATR
Lookback?",2,100,10);<BR>> > > > > Mult:= Input("ATR
Multiplier?",1,20,3);<BR>> > > > > Pds2:= Input("HHV
Lookback?",2,100,20);<BR>> > > > > PrelimStop:= HHV(H,Pds1) -
ATR(Pds1)*Mult;<BR>> > > > > ActualStop:=
HHV(PrelimStop,Pds2);<BR>> > > > > ActualStop<BR>> > >
> ><BR>> > > > > {Volatility Stop (Short)}<BR>> >
> > > Pds1:= Input("ATR Lookback?",2,100,10);<BR>> > > >
> Mult:= Input("ATR Multiplier?",1,20,3);<BR>> > > > > Pds2:=
Input("LLV Lookback?",2,100,20);<BR>> > > > > PrelimStop:=
LLV(L,Pds1) + ATR(Pds1)*Mult;<BR>> > > > > ActualStop:=
LLV(PrelimStop,Pds2);<BR>> > > > > ActualStop<BR>> > >
> ><BR>> > > > > HHP<BR>> > > > >
=========================<BR>> > > > ><BR>> > > >
> Simon Roberts wrote:<BR>> > > > > ><BR>> > >
> > > wally,<BR>> > > > > > can't quite figure how
this will work. if you leave the stop<BR>> > at<BR>> > >
> 80% of your<BR>> > > > > > close it will work well all
the way up; it won't ever trigger;<BR>> > but<BR>> > > > on
the<BR>> > > > > > way down, it will carry on down beneath
you, in a comforting<BR>> > sort<BR>> > > > of way.<BR>>
> > > > > It's a bit like hanging out a sell now sign on the end
of a<BR>> > rope<BR>> > > > hanging<BR>> > > >
> > from your hot air balloon, you only catch up with it when you<BR>>
> hit<BR>> > > > the<BR>> > > > > >
ground.<BR>> > > > > ><BR>> > > > > > one
way to plot some price offsets is with the moving average<BR>> > > >
indicator,<BR>> > > > > > which is on the toolbar, indicator
quicklist, which lets you<BR>> > input<BR>> > > > say 1
day<BR>> > > > > > average, at any displacement from the
price, up down and or<BR>> > > > sideways.<BR>> > > >
> > Simon<BR>> > > > > ><BR>> > > > >
> -----Original Message-----<BR>> > > > > > From: j seed
<jseed_10@xxxxxxxxxxx><BR>>
> > > > > To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR>>
> > > > > Date: 14 March 2000 16:04<BR>> > > > >
> Subject: Re: Stop Loss<BR>> > > > > ><BR>> > >
> > > >Wallie,<BR>> > > > > > >Pie of cake!
First go to the Indicator Builder...click on<BR>> > > > new...name
your<BR>> > > > > > >new indicator(Wallie's 20% Stop Loss
Indicator). Now the hard<BR>> > > > part...how<BR>> > >
> > > >does your original indicator plot? Is it an oscillator or
a<BR>> > > > simple line<BR>> > > > > > >study?
Oscillators plot above and below a specific point<BR>> > usually<BR>>
> > > zero. Line<BR>> > > > > > >studies plot
price values. If you are willing to accept a<BR>> > value<BR>> >
> > that is 80%<BR>> > > > > > >of your original
indicator value then go to functions and<BR>> > select<BR>> > >
> your<BR>> > > > > > >indicator (ie. let's use
CCI(14)...) Finally, we want a value<BR>> > of<BR>> > > > 80%
so<BR>> > > > > > >we'll multiply by .80 . So here's your
indicator:<BR>> > > > > > >W20SLI<BR>> > > >
> > >CCI(14) * .80<BR>> > > > > > ><BR>> >
> > > > >You may also want to use the other side of the equation
by<BR>> > > > multiplying by<BR>> > > > > >
>120%; so your indicator would be:<BR>> > > > > >
><BR>> > > > > > >CCI(14) * 1.20<BR>> > > >
> > ><BR>> > > > > > >You can plot both lines at
the same time in the same<BR>> > indciator by<BR>> > > >
defining<BR>> > > > > > >them in an indicator as
follows:<BR>> > > > > > ><BR>> > > > > >
>{W20SLI}<BR>> > > > > > >MINUS:= CCI(14) * .80;<BR>>
> > > > > >PLUS:= CCI(14) * 1.20;<BR>> > > > >
> >MINUS;<BR>> > > > > > >PLUS;<BR>> > >
> > > ><BR>> > > > > > >Okay, we've helped you
and now it's your turn to help us!<BR>> > Share<BR>> > > > the
results<BR>> > > > > > >of what you get!<BR>> > >
> > > ><BR>> > > > > > >J.<BR>> > >
> > > ><BR>> > > > > > ><BR>> > > >
> > >>From: "Norman Walsh" <<A
href="mailto:nwalsh@xxxxxxxxxxx";>nwalsh@xxxxxxxxxxx</A>><BR>> > >
> > > >>Reply-To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A><BR>> >
> > > > >>To: <<A
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>><BR>>
> > > > > >>Subject: Stop Loss<BR>> > > > >
> >>Date: Mon, 13 Mar 2000 20:47:02 -0000<BR>> > > > >
> >><BR>> > > > > > >>Hi<BR>> > > >
> > >>As a new comer to metastock I would like to know how to
plot<BR>> > an<BR>> > > > Indicator<BR>> > > >
> > >>20% below a line chart, as a stop loss. Also how to start
it<BR>> > at<BR>> > > > a specific<BR>> > > > >
> >>date.<BR>> > > > > > >><BR>> > >
> > > >>Thanks in advance.<BR>> > > > > >
>><BR>> > > > > > >>wallie.<BR>> > > >
> > ><BR>> > > > > >
>______________________________________________________<BR>> > >
> > > >Get Your Private, Free Email at <A
href="http://www.hotmail.com";>http://www.hotmail.com</A><BR>> > > >
> > ><BR>> > > > > > ><BR>> > > >
><BR>> > ><BR>> </FONT></BODY></HTML>
</x-html>From ???@??? Thu Mar 16 09:34:29 2000
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From: "Al Taglavore" <altag@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: [OT] RE: Weekly Picks/Family Email
Date: Thu, 16 Mar 2000 09:55:44 -0600
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Daniel,
Please explain why, when I receive your posts, some of your posts have a
message in the body and some (like this one) do not. What should I do to
correct this? One machine has IE4 and one has IE5.
Yours seems to be the only ones that I receive like this.
Al Taglavore
----------
> From: Daniel Martinez <DanM@xxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: [OT] RE: Weekly Picks/Family Email
> Date: Thursday, March 16, 2000 8:18 AM
>
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