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Roy, thanks very much indeed. I'll play around with
this as it looks just the sort of thing I was asking for. You're very kind.
Regards, David.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Roy
Larsen
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="">Metastockusers@xxxxxxxxxxxxxxx
Sent: Monday, November 03, 2003 8:09
PM
Subject: Re: [Metastockusers] Stop
Loss
David> I am sure there is a posting out
there somewhere, but I haven't been> able to find it and would
appreciate any help for the following.> I would like to have a ( long
only )stop loss indicator that starts> on a date to be input, takes a %
( to be input)of the LLV from then> on, only going higher, never lower.
My coding skills are limited and> any assistance would be much
appreciated. Thanks, David.There are many different trailing stops
around. I've created this one whichI meets what I understand are your
requirements. I'm sure when you look atit you'll find something about it
that you want to change or that isn'twrite. Keep looking through the
archives for trailing stops, and take thetime to try and learn how they
function. Sometimes simple is good, sometimesit's bad. {Date
Triggered Trailing Stop}Sm:=Input("Start
Month",1,12,6);Sd:=Input("Start Day" ,1,31,30);Sy:=Input("Start
Year" ,1980,2004,2003);Lb:=Input("Look back
periods",1,20,5);Pc:=Input("LLV percentage"
,1,20,5)/100;Start:=(DayOfMonth()>=Sd AND Month()=Sm ANDYear()=Sy)
OR Year()>Sy OR (Year()=Sy ANDMonth()>Sm);Start:=Start AND
Alert(Start=0,2);HHlow:=LLV(L,Lb)*(1-Pc);Trail:=HighestSince(1,Start,HHlow);Trail;RoyTo
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