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Re: [Metastockusers] Trade Management



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uhehs

It's not possible to "click on a certain price" to force a certain result
from your indicator, but it's certainly possible to construct your indicator
so that you can vary any number of user inputs. The usual way to do this is
to double click on the indicator and then change the appropriate value in
the "Parameters" tab.

I guess what I'm saying is that while what you want can't be done with a
single click it can probably be done with very little more effort by a well
designed indicator.

Roy



----- Original Message -----
From: <uhehs@xxxxxxxx>
To: "Metastockusers@xxxxxxxxxxxx com" <Metastockusers@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 01, 2003 11:40 AM
Subject: [Metastockusers] Trade Management


> Hi all,
>
> I something like this possible:
> Create an indicator that plots every $500 increment [up and down] when I
> click on a certain price that I enter a trade at?
>
> Unless someone has a better idea, I am trying to automatically plot [in a
> Fibonacci type of pattern] a $500 stop loss point and $500 profit
> increments.
>
> I normally trade in 1,000 share increments.  I've seen some indicators
that
> have the ability to input values before they plot;  Maybe this can be for
> the number of shares and take into account the price I click on as my
entry
> to calculate the $500 increments?
>
> Of course until I can figure if something like this is a possibility, I
will
> continue to figure it on paper, but it would make my trading day more
> efficient.
>
> Thanks to all who assist.
>
>
>



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