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[EquisMetaStock Group] Re: new indicator needed...help



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Sunil,

Commentary is in the files. Just cut and paste.

Preston


--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Sunil,
> 
> You have been a good student!
> 
> Here is a stop to place on the chart:
> 
> {Sunil Stop}
> X:=LLV(L,25){exit signal};
> x;
> 
> I'll put together a commentary and place it in the files section 
> shortly. It will require that all indicators are in the indicator 
> list and labeled just as they have been in the text.
> 
> Preston
>  
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "SUNIL gupta" 
> <sunilgupta72@> wrote:
> >
> > Dear Preston,
> > 
> > Outstanding...the thing works perfectly fine. I changed the file 
> name to
> > forumdll.Latch and it works. Now just a little improvement is 
> needed and
> > that is supposing after a buy signal is generated ..is there any 
> way we can
> > find out what will be stop loss rate for next day. Maybe we can 
> draw a
> > trailing line or maybe it can show in commnetary box that stop 
for 
> tomorrow
> > is such and such rate. I understand the rate will change with 
each 
> passing
> > day.
> > 
> > To know the stop loss will help us . Let me explain with 
example:-
> > 
> > Supposing I buy Share of COmpany XYZ at RS 100 after the buy 
> signal is
> > generated. After three months share price touches 300. Now next 
> day I want
> > to put a stop loss order as i think the share price can tank. So 
> how will i
> > know what is the 25 days lowest which will be its stop loss 
level. 
> WE can do
> > two things..either there should be a line like in moving 
averages 
> that will
> > continously tell us about stop loss level or we can put that 
value 
> in
> > commnetary box.
> > 
> > Let me know what you think. And once again Preston thanks for 
your 
> immense
> > help.
> > 
> > Sunil gupta




 
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