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You need a guy like Victor Cuadra.
http://www.geocities.com/victorcuadra/
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: <cash@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Sunday, August 12, 2001 10:21 AM
Subject: Re: Setting stops in TS2K?
: Thanks for the input folks,
:
: I'm looking at strategy builder closer. But, with strategy builder, I'm
: not sure how to set a variable trailing stop.
:
: First of all, keep in mind that this will be on 1 minute charts for
: data1. I will probably have data2 set at daily to get some info from
: there. And this is always stocks.
: For example, I want to set my trailing stop based on a few things:
: Once I'm in a position, I want to initially set my trailing stop = (10%
: of the 20 day average true range) + .25.
: Then, for every .25 profit, I want to increment my trailing stop by
: .05.
: So what I have is an initial stop and then as the position builds
: profit, I want to give it more room to breathe.
: Then I want to check on the last bar of the day if I'm still in the
: position, I won't use the stop, I'll just exit at the close.
:
: The thing I can't figure out is that if I use the signals in the strategy
: builder, how do I keep adjusting the stop based on my current
: position's profit? The only way I can see doing this is by
: incorporating it in my main signal. Either that, or I don't have a
: good grasp on the strategy builder.
:
: OK, now just a stream of conciousnous thought.
: I build a signal called EnterPosition which eventually gets me in a
: position
: I also build a signal called set trailing stop. This signal looks at my
: current position, the 20 day ATR, the entry price of my current
: position, and the profit of my current position. It then enters a stop
: for the appropriate amount.
:
: Cash
:
: From: "David Jennings" <DavidJennings@xxxxxxxxxxxxx>
: To: <cash@xxxxxxxxxxx>
: Subject: Re: Setting stops in TS2K?
: Date sent: Sat, 11 Aug 2001 21:16:21 +0100
:
: > Try strategy builder -( under GO). Really a bug step forward from TS4.
: > ----- Original Message -----
: > From: "Jim Bronke" <jvbronke@xxxxxxxx>
: > To: <cash@xxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
: > Sent: Saturday, August 11, 2001 9:01 PM
: > Subject: Re: Setting stops in TS2K?
: >
: >
: > > Just create a strategy with a number of different exit stops. They are
: > > called signals.
: > >
: > > Jim Bronke
: > > Phoenix, AZ
: > >
: > >
: > >
: > > ----- Original Message -----
: > > From: <cash@xxxxxxxxxxx>
: > > To: <omega-list@xxxxxxxxxx>
: > > Sent: Saturday, August 11, 2001 3:57 PM
: > > Subject: Setting stops in TS2K?
: > >
: > >
: > > : In TS4, you were able to set a stop through a dialog for your
: > > : system. I don't see this in TS2K. Where do I set the stops now?
: > > :
: > > : Cash
: > > :
: > > :
: > > : "Buy Low, Sell High"
: > > : (If this statment is used for financial gain, I am entitled to 10%
of
: > all
: > > profits. ;) )
: > > :
: > > :
: > >
: > >
: > >
: >
:
:
:
: "Buy Low, Sell High"
: (If this statment is used for financial gain, I am entitled to 10% of all
profits. ;) )
:
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