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I am able to store the values for BarLow or BarHigh on the EntryBar but it
seems that the system is not carrying the value forward to stop me out. The
stop only seems to work on the initial bar to the next day but won't get me
out if three or four days go by. The system forgets I had an initial stop
loss order and doesn't carry it forward to the next bar. I want the stop to
be like a Good Till Canceled order but the system cancels it after two or
three bars. So I must be missing something here:
===========================================
THEN Buy ("Long Entry") This Bar on Close;
BarLow = LOW;
BarHigh = HIGH;
IF MarketPosition = 1 and BarsSinceEntry = 1
THEN ExitLong ("SellStopLoss") BarLow[1] Stop;
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- Sugestions?
Thanks,
Thomas J. Festa, CMT
Technical Analysis Investment Consultant
Proprietary Trader, Equities
Benchmarq Trading, LLC 10003
Cell: (908) 581-8880
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