check comments from TJ under http://www.amibroker.com/guide/afl/afl_view.php?name=ApplyStop
regards, paolo --- In [email protected], Radek Simcik <radek.sim...@...> wrote: > > ok, > > Thank you, I think I understood now but one question is still unanswered: > > What would happen if both happened during the day and my trailing stop is %4. > -the price went up more than %4 and > -low more than 4%. > > It seems to me that I am going to experience gain every time although > we cannot say for 100% what > happened inside the bar. > > Thank you, > > Radek > > On Fri, Mar 20, 2009 at 12:58 PM, Radek Simcik <radek.sim...@...> wrote: > > Hi, > > > > could anybody explain to me how trailing stop works? I have below > > setting in my system ( I short on open and exit the same day on > > close): > > > > ApplyStop(stopTypeTrailing,stopModePercent,4 ,1); > > SetOption ("ActivateStopsImmediately", True); > > > > in that case it seems to me that stop starts to trail to protect my > > gain only if the gain is more than 4%. I thought that the trade would > > be exited if price fell more than 4% below low. > > > > What would happen if both happened during the day: the price went up > > more than %4 and low more than 4%. It seems to me that I am going to > > experience gain every time although we cannot say for 100% what > > happened inside the bar. > > > > Could somebody explain me how ApplyStop(stopTypeTrailing,3,4 ,1); > > work? It gave me just unbelievable results. > > > > Thank you, > > > > Radek > > >
