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Dusant,
Thanks for the reply. Roy made a similar suggesion using Ref(). I
was wondering if anything involving Ref() would be recalculated
daily. I'm looking for a constant stop - at least initially.
Regards,
Alan
--- In equismetastock@xxxxxxxxxxxxxxx, "Dusant" <dusant@xxxx> wrote:
> Lastvalue(L) will give you the last value of the low in the entire
chart.
> use a condition like L < ref(L, -1) should be better.
> Dusant
> Chief Architect
> http://www.candlestrength.com/
> ----- Original Message -----
> From: Alan Davidson
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Wednesday, April 21, 2004 11:26 AM
> 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
>
>
>
>
>
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