Thanks. You have shown me one of the ways to write the AFL. I think if we have smaller timeframe data, Amibroker may be smart enough to look inside each bar to verify which one happens first. :>
Clement From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of Fred Sent: Wednesday, June 06, 2007 11:20 PM To: [email protected] Subject: [amibroker] Re: How to check whether a Buy Stop is hit first or its Protective Stop is hit first? For any given bar you can't tell which event occured first ... If you need more granularity you'll need to move to shorter timeframe oriented data ... --- In [email protected] <mailto:amibroker%40yahoogroups.com> , "Clement Chin" <[EMAIL PROTECTED]> wrote: > > Anyone can show me something for this case? TIA. > > +++ > > > > > > Hi, > > > > I put a Buy Stop to buy breakouts from high of last bar. A protective stop > is attached to the Buy Stop to protect the order once the Buy Stop is hit. > > > > I use 30-minute bar to make decision. > > > > Here is a case. > > > > The previous high is 1.3050. I will buy at 1.3051. Once entry, I will put a > protective sell stop at 1.3041. I want to back test the system. > > > > From the 30-minute chart, the next bar has a high of 1.3090 and a low of > 1.3020. Apparently, my Buy Stop is hit sometime during the 30-minute > session. My planned protected stop is hit also sometime during the same > session. The price may hit my Buy Stop first and then hit my protective stop > later... Or it may hit the low of the 1.3020 first, and move all the way up > to 1.3090 where I have a good trade. > > > > How do I know which one is hit first? The low of the bar or the Buy Stop? Or > other possibilities? How can I accurately write AFL to track if my entry is > handled accurately? > > > > There are many possibilities inside the next 30-minute bar, i.e. if the low > is reached first, I may have a good trade; if my entry is taken first and > then the low, I will be killed somewhere. Can I accurately know what happen > inside the 30-minute bar? Do I need to use a smaller timeframe, i.e. > 1-minute? > > > > Please give me your advice. Thank you in advance. > > > > Clement > __________ NOD32 2305 (20070601) Information __________ This message was checked by NOD32 antivirus system. http://www.eset.com
