I'm using Amibroker 4.9. I want to use an indicator to visually display a trailing stop. The "//Equity(0)" statement was an earlier attempt to work this out. The following code is used on ETF symbol MZZ:
Sell=0; //Trailing Stop at 7% Loss ApplyStop(2,1,7,1,False,1); Equity(1,0);// THIS EVALUATES STOPS //Equity(0); Plot(Sell==4,"ApplyStop Sell",colorRed,4|styleOwnScale);//4 is for trailing stops The recent downturn in the ETF on 1/22/2008 and later dates does not show a trailing stop. I did show buy signals on 1/16 and 1/17. Under Automatic Analysis, I have checked Activate Stops Immediately (Don't know if this affects an indicator or not. ) Earlier trailing stops on 8/13, 11/14, and 1/10 displayed okay. What advice do you have on what to try next?
