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<SPAN
class=895143916-05122002>Minmo,
<SPAN
class=895143916-05122002>
Here
is something you could try:
<SPAN
class=895143916-05122002>
<SPAN
class=895143916-05122002>Setup:=If(
<SPAN
class=895143916-05122002>Barssince(Long) > Barssince
(ExitLong)
<SPAN
class=895143916-05122002>and
<SPAN
class=895143916-05122002>Barssince(Long) > Barssince(Short),1,0);
{these
two statements tell you that you had a long trigger and that you were stopped
out of it on the trailing ATR}
<SPAN
class=895143916-05122002>
<SPAN
class=895143916-05122002>Reenter:=
<SPAN
class=895143916-05122002>Setup=1
<SPAN
class=895143916-05122002>and
High
> ValueWhen(1,ExitLong,High + XX) {this says reenter when you were
stopped out and now the high of that bar has been exceeded by XX points -
obviously you can change this to what ever reentry you
want}.
<SPAN
class=895143916-05122002>
I
haven't tested this out but the basic concept should work for you. The
two commands that you'll need are Barssince and
ValueWhen.
<SPAN
class=895143916-05122002>
Good
Trading,
<SPAN
class=895143916-05122002>
Joe
J.
<FONT face=Tahoma
size=2>-----Original Message-----From: sharpatwork
[mailto:mtrimarco@xxxxxxxxxxxxx]Sent: Thursday, December 05, 2002
5:33 AMTo: equismetastock@xxxxxxxxxxxxxxxSubject:
[EquisMetaStock Group] Reentering a tradeHello
all,I'm new to this forum and I'm wondering whether any of Metastock
language gurus could help me in some way. :)I'm trying to code in
Metastock how to reenter a previous trade in the same direction after a
trailing stop has been triggered.Let say I have a very simple TS using
2 MA and a TrailingStop calculated on ATR. I'm basing the long trades on
ShortMA crossing LongMA and the short trades on the opposite condition.
Suppose that the ExitLong condition contains the "OR L <= TrailingStop"
statement and, during the backtest, this condition is met. After that, the
market turns up again and continues the previous trend. If I was Long,
how to code to reenter to the long position?Many thanks for the
suggestions and for the time you will dedicate to my
question.MimmoTo
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