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Trey: Change Stop to Limit.
Regards, Jack.
----- Original Message -----
From: "Trey Johnson" <dickjohnson3@xxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, June 13, 2003 6:37 AM
Subject: Strategy question
> Hello List,
> I can't figure this one out. Here's a simple break out system:
>
> {Range Breakout w/ contraction as setup"}
>
> Input:Period(20);
>
> Condition1=range < Average(range,Period);
>
> {LongEntry}
> If Condition1 then buy at next bar Open + range Stop;
>
> {ShortEntry}
> If Condition1 then sell at next bar Open - range Stop;
>
> If I change the system to fade the break:
>
> If Condition1 then sell at next bar Open + range Stop;
> If Condition1 then buy at next bar Open - range Stop;
>
> It buys and sells at the same price. What am I missing and I hope this
> isn't a stupid question. Thanks for your help.
>
> Trey
>
>
>
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