|
PureBytes Links
Trading Reference Links
|
"William Vedder, Jr" <bved01@xxxxxxx> wrote:
> This is the crux of the biscuit:
It's the apostrophe! (Apologies to non-Zappa fans :-)
> How do I write an exit statement in EL that will take effect on
> the same bar as the entry statement? or maybe the question should
> be CAN I...?
I think the only way you could do it is to issue the exit stop on the
bar BEFORE you enter. I'm not at all sure that's possible.
In any case, you *shouldn't* do it. You don't know what order the
prices were hit in that bar. The stop price might have been hit
before your entry, or after it. (Unless you're entering on the open,
of course.) If you enter by a stop, and then exit by a stop on the
same bar, you don't know if the entry price or the exit price was hit
first. Any results you got from such a system would be utterly
unpredictable and useless for real trading.
Gary
|