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The problem is that my trade entry rules are
several in number and thus using them to track the position gets extremely
cumbersome.
I noticed a significant increase in the time taken
for the system tester to generate the results. There must be a more efficient
method.
Also - how does one reset the reference high once
the position changes - without using the above method. Alert is one option but
that has to predefine the number of periods which is not a correct way of doing
this.
Does anybody else have any
suggestions.
Thanks
Regards
----- Original Message -----
Sent: Monday, May 09, 2005 12:30 PM
Subject: Re: [EquisMetaStock Group]
TRAILING STOP LOSS
Hi there, as far as I know there is not such a function, but I
may be
wrong. To get the current position, use your own formulae, the
ones
you use to enter & exit long and short. It is easiest if you
have
just one formula for all of them, say a moving average crossover
like
C>Mov(C,10,S) or cross(C,Mov(C,10,S))
enters long
and
C<=Mov(C,10,S) or cross(Mov(C,10,S),C)
enters
short
Then this formula
C - Mov(C,10,S)
gives you your
current position.
Regards
MG Ferreira
TsaTsa EOD Programmer and
trading model builder
http://www.ferra4models.com
http://fun.ferra4models.com
---
In equismetastock@xxxxxxxxxxxxxxx,
"Sharad Lohia"
<sharadlohia@x...>
wrote:
> Thanks a ton - but that is exactly what i am struggling with -
>
> I can manage the code logic for the trailing stop loss but
am stuck with
>
> "Suppose you have a variable, EnterLong, that
becomes positive when
you enter, then simply do something like.."
>
> How to program a variable which will track the change in position
OR
the current position ?
>
> what is the function for
checking the current position and the
change in position ?
>
>
> Regards
> ----- Original Message -----
> From: MG Ferreira
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Friday, May 06, 2005 7:15 PM
>
Subject: Re: [EquisMetaStock Group] TRAILING STOP LOSS
>
>
> OK, so this gives the all time high. Well, then let
us work with
> that. Suppose you want to use a level
say 10% below this, then simply
> use something like
>
> StopLevel := 0.9 * X;
>
> to get
it. Also, if you don't want the all time high, just
the
> highest high since entry, then simply reset it on
entry. Suppose you
> have a variable, EnterLong, that
becomes positive when you enter, then
> simply do something
like
>
> X := Max( PREV, Y ) * ( EnterLong > 0 ) +
Y * ( EnterLong <= 0 );
>
> and the level will be
equal to Y (probably the close) as long as you
> are
out.
>
> Regards
> MG
Ferreira
> TsaTsa EOD Programmer and trading model
builder
> http://www.ferra4models.com
>
http://fun.ferra4models.com
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