Thanks. That helps to clarify.
--- In [email protected], "progster01" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], "ozzyapeman" <zoopfree@> wrote: > > > In other words, are stops hit based on close price of a bar or based on > > the high/low of a bar? > > Most often stops are hit based on H/L, but it can depend on how you > set it up. > > Many stop setups are described here: > > http://www.amibroker.com/guide/afl/applystop.html > > To exit-on-close as you've described, it seems you may be interested > in Scenario 4 (but I've not tested this). > > Scenario 4: > you trade on today's close and want to exit only when today's close > price hits the stop level > > Correct settings: > ActivateStopsImmediately turned OFF > ExitAtStop = 0 > Trade delays set to zero > Trade price set to close >
