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Indicator Name Formula
"Stop Trail ing Profit" Input("Trailing Profit Stop", 12.00, 1000.00, 32)
This produces a line across the chart so I can Set & See my trailing Stop
"Stop Entry Pivot" Input("Entry Pivot Stop", 12.00, 1000.00, 32)
This produces a line across the chart so I can see My Cup & Handle Entry
pivot
The answers are;
1 Can Horizontal lines like the above be programmed to appear in say red
for Trailing stop and green for pivot entry? If so how?
nope {nice suggestion tho, thus send it to suggestions@xxxxxxxxx}
2 I use an initial stop of 7%. How can I get metastock to draw a line
automatically based on my pivot entry Line? Can this Initial 7% exit Stop
Loss by a part of the "Stop Entry Pivot" Formula
yep, as follows:
"Stop Entry Pivot+7" Input("Entry Pivot Stop", 12.00, 1000.00, 32)*1.07
This produces a line across the chart so I can see My Cup & Handle Entry
pivot (default value) +7% (of the default value)
Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
Homepage http://home.planet.nl/~anthmaas
----- Oorspronkelijk bericht -----
Van: "Lonnie Lepp" <tllepp@xxxxxx>
Aan: <metastock@xxxxxxxxxxxxx>
Verzonden: donderdag 21 september 2000 23:02
Onderwerp: Stops
> I wish to use metastock to produce Stop Lines or points on the chart
>
> I have designed the following Indicators along those lines
>
> Indicator Name Formula
>
> "Stop Trail ing Profit" Input("Trailing Profit Stop", 12.00, 1000.00, 32)
> This produces a line across the chart so I can Set & See my trailing Stop
>
> "Stop Entry Pivot" Input("Entry Pivot Stop", 12.00, 1000.00, 32)
> This produces a line across the chart so I can see My Cup & Handle Entry
> pivot
>
> My questions are;
> 1 Can Horizontal lines like the above be programmed to appear in say red
> for Trailing stop and green for pivot entry? If so how?
>
> 2 I use an initial stop of 7%. How can I get metastock to draw a line
> automatically based on my pivot entry Line? Can this Initial 7% exit Stop
> Loss by a part of the "Stop Entry Pivot" Formula
>
> Have tried several approaches and have learned more about metastock in the
> process
>
> Thank You all for your assistance both past and future
>
> Lonnie Lepp
> tllepp@xxxxxx
>
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