[EquisMetaStock Group] help with stop formula

["Flash Gordon" <daniele.bevilacqua@xxxxxxxxxxxxx>]

You cannot reply to this message via email because you have chosen not
to disclose your email address to the group.  Please use this
page to reply.
 





Hi everybody.
 
I have recently begun my first attempts coding 
(still working through the formula book) and I would like some 
help.
 
I have written a simple indicator that gives me +1 
or -1 to go long or short. On the basis of this I have developed a system that 
has me open long or short according to the indicator signal (therefore, always 
in the market).
 
I am now attempting to add stops. Now the two 
questions:
 
1. I have been exploring various formulas for 
stops, and one which I have found and like is the Trailing Stop by Andrzej 
Herman - here's the formula
 
strata:=10;      
If(         
C=PREV,         
PREV,         
If(            
((Ref(C,-1)<PREV)AND 
(C<PREV)),            
Min(PREV,C*(1+strata/100)),            
If(               
(Ref(C,-1)>PREV) AND 
(C>PREV),               
Max(PREV,C*(1-strata/100)),               
If(                  
C>PREV,                  
C*(1-strata/100),                  
C*(1+strata/100)               
)            
)         
)      )
 
I have visually inspected with various stocks and 
like it, but I don't quite understand the formula, as the "strata" command is 
unknown to me - can someone explain it?
(and yes, I have looked in the manual without 
finding a reference for it :-)
 
2. I would like to insert in the system an exit 
condition, whereby the position is ended when both Trailing Stop 
(above) and SAR are hit, so for example for close long I have
 
(SAR( 0.020,0.2 ) AND  Fml( "Trailing 
Stop")> L)
 
problem is, generally the system is still giving 
the original signal and therefore it enters the market again in the previous 
direction the following day.
 
What I would like to do, instead, is that once both 
stops are hit (on the same day) and the system closes the position, it will wait 
for the next enter signal of the opposite direction. To repeat it with different 
words, what I<SPAN lang=EN-GB 
> want 
to try and do is let the system enter into a position once and 
<SPAN lang=EN-GB 
>if 
it gets stopped out, it wont enter another position until it 
<SPAN lang=EN-GB 
>gets 
<SPAN lang=EN-GB 
>a 
signal to enter a trade going the opposite direction.  

<SPAN lang=EN-GB 
> 
<SPAN lang=EN-GB 
>I 
hope this is clear.
<SPAN lang=EN-GB 
> 
<SPAN lang=EN-GB 
>I 
appreciate any help on this all,
<SPAN lang=EN-GB 
> 
<SPAN lang=EN-GB 
> 
<SPAN lang=EN-GB 
>Daniele






Yahoo! Groups Sponsor


  ADVERTISEMENT









To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx





Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.