Hi, Thank you for the info. Actually, the problem I outlined below is not that simple. I have alredy read everything but could not find the answer.
The problem is that Profit Target is hit AFTER (or instead of) the Trailing Stop hit in the Open. I have no idea how to solve this with built in functions. Anything else? Br, Zozu --- In [email protected], "Howard B" <[EMAIL PROTECTED]> wrote: > > 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 > > > > > > >
