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Offhand, something like this, although I'm sure it can be tidied up by
someone with more skill at this than me. This stays at 75% of the starting
number then resets when the stop is hit.
If(C>PREV,
If(C>Ref(C,-1),Max(C-(0.25*C),PREV),PREV),
(C-(0.25*C)))
-----Original Message-----
From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
Sent: Sunday, May 16, 2004 7:30 PM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: Re: [Metastockusers] 25 % trailing stop?
Andrew
I don't think that would work. Can you provide code to demonstrate?
Roy
----- Original Message -----
From: "Andrew Tomlinson" <andrew_tomlinson@xxxxxxxxxxx>
To: <Metastockusers@xxxxxxxxxxxxxxx>
Sent: Monday, May 17, 2004 10:20 AM
Subject: RE: [Metastockusers] 25 % trailing stop?
>
> 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!
>
>
>
>
>
> Yahoo! Groups Links
>
>
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>
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>
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>
> Yahoo! Groups Links
>
>
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>
>
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