Would you clarify #3. I don't understand your description ara
----- Original Message ----- From: "stevemajors" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Wednesday, December 10, 2008 9:18 PM Subject: [amibroker] Van Tharp trading exits > Has anybody already coded Van Tharps suggested Exits as follows: > > 1. Initial stop - entry price minus three-times-volatility (3* 10 Day ATR) > > 2. Second, - whenever the market moves twice the daily volatility from > yesterday's close against you in a single Day (2 * Avg 10 Day ATR) > > 3. Lastly, a 4-R profit will after a 4-R profit is triggered, your > trailing volatility stop moves up to 1.6 times the average True range > (i.e., instead of 3 times). > > I have the following for the AFL code for 1 and 2: > > //1. Initial stop > ApplyStop( stopTypeLoss, stopModePoint, 3 * ATR( 10 ), True ); > > //2. Second stop > Sell = (Ref(C,-1) - C > 2 * ATR(10)); > > I'm not sure how to calculate the last exit (3. 4-R profit)? > If I give buyprice = ... same as buy formula, how do I keep the value > of (3 * ATR(10)) at the time the buy occurs to calculate initial risk? > > Thanks > > > ------------------------------------ > > **** 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 > > >
