|
PureBytes Links
Trading Reference Links
|
Do them in the reverse order to get them all to execute. Pseudo code:
if close < lowest_level then buytocover at lowest_exit stop else
if close < next_lowest_level then buytocover at next_lowest_exit stop else
etc....
--
Dennis
ChasW wrote:
>
> I am trying to step down to different std dev bands as stops.
>
> N's are the outside top and bottom bands and the M's are the middle bands.
>
> so in this case i short at the N+1 (top band)
> and as the price comes down to the middle upper band (M+1), i lower the stop
> to this N+1 band.
> as the price contiues down thru the next middle band (M-1), i then lower
> the stop to the prvoius band (M+1)
> and so on...
>
> my exit code look like this
> {Buy to cover}
> If MP<= 0
> then begin
> If Close < Mplus1 then buy to cover ("SXN+1") next bar Nplus1 stop else
> If Close < Mminus1 then buy to cover ("SXM+1") next bar Mplus1 stop else
> If Close < Nminus1 then buy to cover ("SXM-1") next bar Mminus1 stop; end;
>
> the problem is that the only stop that seems to be in force is the first
> one.(n+1), i can see that it stays 'true' so no reason to go past the 'else'
> any help would be appreciated
>
> chasw
|