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Roy,
Thanks for your suggestions. I'll try them all when I get home
tonight.
At my delicate stage of development, it seems to me that "LOW"
and "Ref(LOW,-1)" would be recalculated daily, which is not what I
want. For example, if the low were 20 on the day that the buy
conditions were satisfied, I would want it to stay at 20 (at least
until I start it trailing). Am I correct in saying that it would be
recalculated daily?
Regards,
Alan
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> Alan
>
> LastValue() is not the function to use. It loads the complete data
array with the value of the last
> LOW on a chart. I can't suggest more than to try LOW, or Ref(LOW,-
1), or ValueWhen(1,"entry signal",
> LOW) etc., etc.
>
> Roy
>
>
> ----- Original Message -----
> From: "Alan Davidson" <alan_davidson22@xxxx>
> To: <equismetastock@xxxxxxxxxxxxxxx>
> Sent: Wednesday, April 21, 2004 5:56 PM
> Subject: [EquisMetaStock Group] Stop loss
>
>
> > In the "Buy Order" tab of System Editor, I've entered the
indicators.
> >
> > I've set a "Strategic Delay" of 1 day.
> >
> > In the "Sell Order" tab, I don't want any indicators - simply a
> > stop. I want to set the stop for the Low of the day on which the
Buy
> > Order conditions were met. So, for the stop, I entered:
> >
> > LastValue(L);
> >
> > This stop is never activated, even although I can see that the
price
> > pierces the stop. As a result, I buy once for each security, and
> > never sell.
> >
> > Please advise.
> >
> > Regards,
> > Alan
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
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