Hello, Of course it should be: ApplyStop( stopTypeLoss, stopModePoint, Close - High + OrigStopAmount, 2, True );
The rest (the second formula) is OK. Best regards, Tomasz Janeczko amibroker.com ----- Original Message ----- From: "zozuzoza" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Tuesday, October 14, 2008 3:23 PM Subject: [amibroker] Re: Applystop StopLoss - trade on next day OPEN when PREVIOUS day CLOSE > Hello, > > Please note that SetOption("AllowSameBarExit",1) is NOT wrong because > I want to use Profittarget since Buyprice=Open triggered on previous > day Buy signal (SetTradeDelays( 1, 1, 1, 1 )). I want to exit on the > same day with Profittarget if possible. > > Your code is not according to the AFL Function Reference, which says > ApplyStop( type, mode, amount, exitatstop, volatile = False, > ReEntryDelay = 0 ) > > and your code is > ApplyStop( stopTypeLoss, stopModePoint, OrigStopAmount, Close - High > + OrigStopAmount, 2, True ); > > I have already tried the 2nd code and I could not get it right. I try > again but I doubt that the exit signals will be right. > > Best regards, > Zozuka > > --- In [email protected], "Tomasz Janeczko" <[EMAIL PROTECTED]> > wrote: >> >> Hello, >> >> *Everything* is possible in AFL. >> You can print it and hang over your desk. >> >> What's more there are usually many ways to do every thing. >> From complicated ones to easy ones. >> >> The fact that you don't know how to do given thing >> does not mean that it is impossible. It only means that >> you need to learn. >> >> Answering original poster: >> >> The settings I would like to use is as follows. >> >> SetOption("AllowSameBarExit",1); >> WRONG. Should be set to zero (false). >> This should be only set to true when SINGLE BAR trade is allowed. >> In your case it is NOT because exit is based on PREVIOUS BAR close. >> >> If you want to use CLOSE instead of High-Low range for stop loss, >> you should simply use Volatile = True setting in ApplyStop >> and add the difference between High and Close to your stop amount: >> >> OrigStopAmount = 0.3; >> >> ApplyStop( stopTypeLoss, stopModePoint, OrigStopAmount, Close - > High + OrigStopAmount, 2, True ); >> >> This is assuming that you need stop in points. >> >> The other method is presented in the Knowledge Base and it does >> not require ApplyStop at all. It is general-purpose code for any > kind of stop >> with any imaginable setup >> http://www.amibroker.com/kb/2007/03/24/how-to-plot-a-trailing-stop- > in-the-price-chart/ >> >> With modification of two lines we can adopt it to max. loss stop > that acts on next >> open based on prev day penetration of stop level by close price >> >> stopLevel = 1 - Param("stop %", 3, 0.1, 10, 0.1)/100; >> >> Buy = Cross( MACD(), Signal() ); >> Sell = 0; >> trailARRAY = Null; >> trailstop = 0; >> >> for( i = 1; i < BarCount; i++ ) >> { >> if( trailstop > 0 AND Low[ i ] < trailstop ) >> { >> Sell[ i ] = 1; >> SellPrice[ i ] = Open[ i ]; >> trailstop = 0; >> } >> >> if( trailstop == 0 AND Buy[ i ] ) >> { >> trailstop = Close[ i ] * stoplevel; >> } >> else Buy[ i ] = 0; // remove excess buy signals >> >> if( trailstop > 0 ) >> { >> trailARRAY[ i ] = trailstop; >> } >> >> } >> >> PlotShapes(Buy*shapeUpArrow,colorGreen,0,Low); >> PlotShapes(Sell*shapeDownArrow,colorRed,0,High); >> >> Plot( Close,"Price",colorBlack,styleBar); >> Plot( trailARRAY,"trailing stop level", colorRed ); >> >> Best regards, >> Tomasz Janeczko >> amibroker.com >> ----- Original Message ----- >> From: "zozuzoza" <[EMAIL PROTECTED]> >> To: <[email protected]> >> Sent: Tuesday, October 14, 2008 2:16 PM >> Subject: [amibroker] Re: Applystop StopLoss - trade on next day > OPEN when PREVIOUS day CLOSE >> >> >> > Unfortunately, this is not possible in AFL I am afraid. I tried > the >> > following but does not work either because sometimes it gives > wrong >> > signals. >> > >> > Sell=C<(1-StopLoss/100)*ValueWhen(Buy,Ref(O,1),1) >> > >> > I wonder if anybody managed to build proper trading system based > on >> > EOD data in Amibroker, which can be used in real trading. If your >> > indicators are based on Close then you have to trade on next day >> > Open, in which case you need to use Settradedelays and you are >> > immediately dead as AFL does not support this. If you want to use >> > combined StopLoss and Profittarget exits together, it does not > work. >> > If you want to use combined Trailing stop and PT exits, it does > not >> > work. You can find couple of useless examples in AFL Function >> > Reference under ApplyStop, which has nothing to do with real > trading. >> > >> > I am really disappointed with Amibroker and AFL. I have been >> > programming it for 2 years so I know what I am talking about. You >> > cannot find out what the reason of the bad exit signals are. It > is >> > like a black box. >> > >> > >> > --- In [email protected], "zozuzoza" <zozuka@> wrote: >> >> >> >> Hi, >> >> >> >> I would like to apply a stoploss on next day OPEN when PREVIOUS > day >> >> CLOSE hits stop and Sellprice=Open. In the AFL library, I could > only >> >> find the solution for >> >> "Scenario 3: >> >> you trade on next day OPEN and want to exit by stop on OPEN price >> >> when PREVIOUS day H-L range hits stop" >> >> >> >> This is almost good for me except I want the Applystop function > to >> >> check the PREVIOUS day Close instead of the H-L range. >> >> >> >> The settings I would like to use is as follows. >> >> SetOption("AllowSameBarExit",1); >> >> SetOption( "ActivateStopsImmediately", 1); >> >> SetTradeDelays( 1, 1, 1, 1 ); >> >> BuyPrice=O; >> >> SellPrice=O; >> >> >> >> I am stucked. Could anybody help me please how I can do it. >> >> >> >> Thank you. >> >> >> > >> > >> > >> > ------------------------------------ >> > >> > **** IMPORTANT **** >> > This group is for the discussion between users only. >> > This is *NOT* technical support channel. >> > >> > ********************* >> > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail > directly to >> > SUPPORT {at} amibroker.com >> > ********************* >> > >> > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: >> > http://www.amibroker.com/devlog/ >> > >> > For other support material please check also: >> > http://www.amibroker.com/support.html >> > >> > ********************************* >> > Yahoo! Groups Links >> > >> > >> > >> > > > > ------------------------------------ > > **** IMPORTANT **** > This group is for the discussion between users only. > This is *NOT* technical support channel. > > ********************* > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to > SUPPORT {at} amibroker.com > ********************* > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ > > For other support material please check also: > http://www.amibroker.com/support.html > > ********************************* > Yahoo! Groups Links > > >
