RE: [EquisMetaStock Group] Stop loss

[<uhehs@xxxxxxxx>]

Roy<font size=2
color=navy face=Arial>,

 

Would a &#8220;Latch&#8221; be the
solution for Alan?

 

-Sam

 

<span
>-----Original Message-----
From: Alan Davidson
[mailto:alan_davidson22@xxxxxxxxxxx] 
Sent: Wednesday, April 21, 2004
8:19 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock
Group] Stop loss

<span
> 

<span
>Roy,<span
>

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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