Re: ela questions

[gary@xxxxxxxxxxxx (Gary Funck)]

On Sep 15, 12:32am, andy abraham wrote:
> Subject: ela questions

Andy, haven't tried this, but will this work for you?

> 
> Input: lkbk(5), Ent(.65);
> 

if marketposition > 0 then exitlong at open;
if marketposition < 0 then exitshort at open;

{
  not sure, but I think exitlong and exitshort won't take effect unless
  there is an open position.  So perhaps the test of marketposition
  is unecessary, and just the following two lines can be added:
     exitlong at open;
     exitshort at open;

  note below, I think you can end up having both your buy stop
  and sell stop hit, so one would close out the other, for a loss
  equal to your short stop minus the long stop.
}


> {Long Entries}
> Buy at Open[tomorrow] + Ent*AvgTrueRange(lkbk) stop;
> 
> {Short Entries}
> Sell at Open[tomorrow] - Ent*AvgTrueRange(lkbk) stop;
>  

-- 
--
| Gary Funck,  Intrepid Technology, gary@xxxxxxxxxxxx, (650) 964-8135