Re: [EquisMetaStock Group] Referencing the most recent occurrence

["Roy Larsen" <rlarsen@xxxxxxxxxxxxxx>]

Tim

> Can anyone suggest how I can reference the price at which a the most
> recent occurrence of a long entry took place. I need to know this
> price in order to define a stop loss or stop profit exit.

Here's some more "latch" practice.

There are many ways you can configure this latch. By not storing the entry
price in the latch but referencing it using ValueWhen(entry) we eliminate
one PREV.

Have fun.

Roy

  {Trade Stop Tim}
N:=Fml("long entry signal (price spike)");
X:=Fml("nominal exit");
I:=Cum(N+X>-1)=1;
Tr:=If(PREV<=0,N>0,If( X {standard exit}
  OR {10% profit stop}
  ValueWhen(1,PREV=0, N {entry price} )>=C*1.1,
  {OR any other entry related exit}
  -1 {negative spike exit signal},
  1)); {or trade continues}
Xb:=Tr<0; {exit bar}
Tr:=Abs(Tr)*ValueWhen(1,I OR (Alert(Tr=0,2)
AND Tr),N); {trade acitive * entry price}
Tr;



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