Greetings --
Look in the AmiBroker User's Guide under ApplyStop. There is a detailed
description of what settings you need to get various responses.
In AmiBroker, Use the Analysis pulldown menu, select Formula Editor, then
click Help, search for ApplyStop.
Thanks,
Howard
On Mon, Oct 6, 2008 at 6:14 AM, zozuzoza <[EMAIL PROTECTED]> wrote:
> Hi,
>
> How do you set the parameters in order to have Trailing Stop and
> Profit Target working together? I want to trade with 1 bar delay and
> trade on next bar Open.
>
> The settings I use is as follows.
> SetOption("AllowSameBarExit",1);
> SetOption( "ActivateStopsImmediately", 1);
> SetTradeDelays( 1, 1, 1, 1 );
> BuyPrice=Open;
> SellPrice=Open;
> ApplyStop(stopTypeProfit,stopModePercent,ProfitTarget,1,True,0 );
> ApplyStop(stopTypeTrailing,stopModePercent,TrailingStop,2,True);
>
> This does not work as the Profit Target has higher priority than the
> Trailing Stop so if a Trailing Stop is hit because of the previous
> bar H-L range then it should exit on next day Open instead of hitting
> the Profit Target on the same day. If I could change the priority
> order, then it would probably be OK.
>
> Do you have an idea how to solve this?
>
> Thank you.
>
> Br,
> Zozu
>
>
>
