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can some one give me an exploration code for the below given
The trailing stop maintains a history of the best profit achieved on
each bar using the high price for long positions and the low price for
shorts. When it has a history of the length specified in the Periods
field, it starts comparing the best profit in that history to the worst
profit achievable on the current bar. If it determines that the
difference between the highest historical profit in the trailing period
and the worst profit of the current bar is equal to or greater than the
Profit Risk field, it will exit the position.
The stop attempts to exit at the price that would value the position at
the highest profit over the historical period less the trailing value.
If this value is not available, it will exit at the open.
________________________________
From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of
sashikanth.reddy@xxxxxxxxx
Sent: Tuesday, October 03, 2006 1:14 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Trailing stop loss
Hi
I have made few custom explorations for buy and sell and back tested
them. I was able to get maximum returns when i go for trailing stop loss
option.
I would appreciate if some one can explian the trailing stop loss
working methodology in MS with an example that will be of great help.
Also is there any way i can write an exploration for the trailing stop
loss, if so can you provide me with the code.
I heard through metastock you can programe to buy and sell stocks
through system. If there are any indian users doing it can you pls let
me know the procedure for the same step by step
thanks
sashi
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