Re: Stops

[Bob <chiefest@xxxxxxxxxxxxx>]

Bill, Thanks.
Am trying it but anyone have other suggestions? For 
instance,  Using the Metastock expert  "EquisMACD",  How do you program a 
trailing point stop? Thanks.
Bob
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A href="mailto:billhebert@xxxxxxxxxxx"; 
  title=billhebert@xxxxxxxxxxx>billhebert 
  To: <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx 
  Sent: Thursday, June 13, 2002 10:53 
  PM
  Subject: Re: Stops
  
  Bob,
   
  This can be tricky becuase a stop like this in 
  reference to the Entry Price.  You need to have Metastock 
  code
  that can reference an entry price and then 
  trigger when you reach a stop.  If you exit strategy is the 
  opposite
  of your entry strategy, this can be fairly 
  easy.  But if the you exit is independant of your exit this can be 
  tricky.
  In this case you can get a second entry trigger 
  before the exit trigger and this resets your first actual entry 
  price.
   
  You can use the ValueWhen and BarsSince commands 
  in Metastock to build your code and use your entry
  trigger to establish the capture of the entry 
  price.
   
  I am not the expert here but I am familiar with 
  what you are trying to do.  Hope this helps a little bit and 
  others
  can get you to where you needs to go from 
  here.
   
  Bill
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Bob 
    
    To: <A 
    href="mailto:metastock@xxxxxxxxxxxxx"; 
    title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx 
    Sent: Thursday, June 13, 2002 4:14 
    PM
    Subject: Stops
    
    I think I am a dummy but here 
goes-
    Systems allow us to put in stops. For instance, 
    trailing stops and max loss stops. How do you put those same stops into 
    
    an expert. For instance with decimalization how 
    do you set a $2 trailing stop or max loss stop in the expert. 
    Thanks.