Re: [amibroker] IIF Function and ApplyStop Function

[Graham]

applystop does not work in a sell statement. It is used as a stand alone lineTo make the exits variable you will need to define the actual exit conditionsIf there are no excess buy signals after the entry one then you can simply use this as an example
Profit = IIf(ixic < MA(ixic, 
20), 1.1, 1.7)/100;sell = cross( C, valuewhen(buy,buyprice)*(1+Profit) );this is extremely simplified and does not take into account any trade delays on entryIf you get many buy signals before an exit happens the you will probably need to use a loop to define your entry and exits
-- CheersGrahamAB-Write >< Professional AFL Writing ServiceYes, I write AFL code to your requirementshttp://e-wire.net.au/~eb_kavan/ab_write.htm
On 18/09/06, lapilia <[EMAIL PROTECTED]> wrote:







My system generates long trades only.  It has two exit 
rules.  The first rule is based on profit target stop and the second 
rule is based on N-bar stop.
 
The profit targets are the followings :
a)  When IXIC < MA(IXIC, 20), the profit target is 1.1%.  

b)  When IXIC > MA(IXIC, 20), the profit target is 
1.7%. 
 
The N-bar stops are the followings :

a)  When IXIC < MA(IXIC, 20), the N-bar stop 
is 10. 
b)  When IXIC > MA(IXIC, 20), the N-Bar stop is 
9. 
 
Unfortunately, I tried to code these exit rules but the 
result is not correct.  Could someone tell me what's wrong with my 
formula ?  Here it is :
 
Sell =  IIf(ixic < MA(ixic, 
20), ApplyStop(1, 1, 1.1, 1, True ) and  ApplyStop
(3, 1, 10, 1, True ), 
ApplyStop(1, 1, 1.7, 1, True ) and  
ApplyStop(3, 1, 9, 
1, True ));
 
 
Thanks
 
Claude Marc-Aurèle





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