What predicament? If you use a stop you'll want to be stopped out, no? Some people advocate not using stops in systems. It's up to you. I use very wide stops on day 1 and bring them in closer on subsequent days. G
[EMAIL PROTECTED] wrote: > This may be a dumb question so please bear with me. I continue to learn > AmiBroker and build my system in an offline mode as I study historical > Forex data. > > I plan to trade on 15-minute bars. My system relies on placing a Stop > Loss at 10 pips below an entry price on a Long position. However, I > noticed on the historical data that the difference between a Low and > Close price on some bars can be as much as 35 pips! Does this > essentially mean that my stop loss can be activated by the "price noise" > of the tick data, as a 15-minute bar gets built in real time? Placing my > stop below this noise level, say at 40 pips, would screw my system and > could result in unnecessary losses. I have also heard that some > unscrupulous brokers can use price noise and spreads to "force" > artificial activations of stops. > > Is there any way around the above predicament? Instead of using an > actual stoploss command, can one somehow force a sale of a Long position > when the close of the last bar is 10 pips below entry by hard coding a > sell rule? Or would that simply be considered a stoploss by the broker, > making it susceptible to being taken out by price noise? > > Thanks! > > ===================== > Posted through Grouply, the better way > to access your Yahoo Groups like this one. > http://www.grouply.com/?code=post > > > >
