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Good day,
I want to test a simple system which goes long if a stock had 3 down
closes and touched the lower Bollinger Band. My BUY order looks like
this:
LLV(C,3) and
C < BBandbot(C,20)
I want to exit with a simple 10% trailing stop loss. I put the stop
in in the Stop menu, clicked "LONG TRADES", PERCENTAGE and set
PERIOD to Zero. But every trade is exited on the ENTRY day, no
matter how high I set the stop. What is wrong with my formula? Would
the REF function help (to reference yesterday's Close)?
Thank you.
Werner
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