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One way is just to qualify it with an If() statement. i.e. if today's close
is higher than yesterday's then move the stop, otherwise don't.
-----Original Message-----
From: tradetofreedom [mailto:tradetofreedom@xxxxxxxxx]
Sent: Sunday, May 16, 2004 11:46 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] 25 % trailing stop?
Hi!
How can I write a 25 % trailing stop -indicator? If I just write C -
(Ref(C,-1 )*0,25) it is ok but the stop just moves up and down with
the price =)
How can I prevent that? How to write an indicator that doesn't move
down, only sideways or up??
Thanks!
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