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In order to clarify.
There does not appear to be any problem in the data base with the
ExitTrigger: min(ref(Fml("zAdaptick - Generic Stop Long
> (Loose)"),-1),open).
But I'm unable to zero in on a formula for the ExitPrice. For some
reason I can't get ExitPrice:= to actually equal the price or value
of the ExitTrigger. The point where price crosses the proprietery
stop. It would be the value of the stop on the prior day.
--- In equismetastock@xxxxxxxxxxxxxxx, "metastockuser"
<metastockuser@xxxx> wrote:
> I'm having problems translating my Metastock ICE exit price into a
> trade database for Trade Sim.
>
> In the Metastock 8.01 Enhanced System tester the ICE exit Formula is
> set up in the "sell" tab as a stop (stop button filled in) with the
> formula:
>
> min(ref(Fml("zAdaptick - Generic Stop Long (Loose)"),-1),open)
>
> This apparently looks back one day and exits if the propritary
> trailing stop loss value is crossed by todays price action.
>
> In the enhanced system tester it works fine. It has the effect of
> creating an exit at the exact price that the trailing stop loss of
> yesterday is crossed. so I gather that one would look at the new
> value of the stop each day and change the stop-loss at the broker to
> match it.
>
> My problem is that I've been unable to create the same effect in my
> TradeSim data base.
>
> This is what i'm working with:
>
> ExitTrigger:= min(ref(Fml("zAdaptick - Generic Stop Long
> (Loose)"),-1),open)
>
> ExitPrice := ???
>
> Does anyone have any ideas about getting an ExitPrice to exit at the
> price level the stop was breached as opposed to open, close, etc?
>
> It appears that the ExitTrigger is working. I'm getting out on the
> right day, when the stop is breached. I'm able to reference the
> formula and get out. But how to get the ExitPrice to equal the price
> when the stop was crossed is beyond me. Nothing I've tried works,
> however I know very little about programming.
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