RE: How to set STOP N Bars

["Dave Nadeau" <dave_nadeau@xxxxxxxxx>]

Siva,

Do check out the
ValueWhen() function as well.  It has lots of possibilities.

Dave Nadeau

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Sivaraj.K
Sent: Tuesday, March 27, 2001 7:17 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: How to set STOP N Bars


Hi

You guys are wonderful.
Thanks to you guys, several days of hair pulling and bashing my head against
the wall has come to an end now.
This exactly what I was looking for and will try it out. More than that, I
just realized that there could be other functions like "BarsSince" which
with a bit of imagination could be used for complex issues. (Back to the
manuals).

Thanks again
Regards
Siva


----- Original Message -----
From: "Dave Nadeau" <dave_nadeau@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, March 27, 2001 1:22 AM
Subject: Re: How to set STOP N Bars


> Siva,
>
> Two ways of doing this:
>
> 1.)  In the System Tester, under Stops..., and Inactivity..., just set the
minimum amount of
> movement to some unreasonably high number like 50,000 and right
below,select the number of days in
> trade that you desire.
>
> 2.)  To program this in Formula Language, the general form is as follows:
>
> EntryConditionVariable:=Cross(mov(c,18,e), mov(c,33,e));
> ExitLongTest:=If(BarsSince(EntryConditionVariable)> 4{or some N
bars},1,0);
>
> Use both of these as any other True/False variable.
>
> Dave Nadeau
> Fort Collins, CO
>
> --- "Sivaraj.K" <siva@xxxxxxxxxxxxxx> wrote:
> > Hi
> >
> > Is it possible to set (close long positions) N Bars from the time the
BUY
> > position is entered? How is this done?
> > In TradeStation  the following puseduo code would accomplish this:
> >
> > "If current bar if greater than or equal to the number of bars from the
> > Position Bar than Exit."
> >
> > What I want to do in MetaStock for example:
> >
> > Long:
> > Cross(mov(c,18,e), mov(c,33,e))
> >
> > Close Long:
> > N Bars from going Long.
> >
> > Buy on next day Open.
> > Exit on next day Open.
> >
> > Any suggestion would be most welcome.
> >
> > Regards
> > Siva
> >
> >
>
>
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