Also look at ApplyStop in the User's Guide (Help).  There is a simple one in 
the Examples.

Joe
--- In [email protected], "wavemechanic" <fim...@...> wrote:
>
> There are chandelier codes in the library.
> 
> Bill
>   ----- Original Message ----- 
>   From: nizar.ma...@... 
>   To: [email protected] 
>   Sent: May 24, 2009 10:09 PM
>   Subject: [amibroker] Chandalier Trailing Stop
> 
> 
>   Hi,
> 
>   Im looking at designing a chandalier style exit which is based on X*ATR(10) 
> from the highest high after entry.
> 
>   So it trails the price and increases whenever a new high CLOSE price is 
> made.
> 
>   If no new higher closes are made, then the the stop will flatline, and when 
> it is hit, an exit will be triggered.
> 
>   See this for an example (this chart was created in MS - Im new to Ami).
>   
> http://2.bp.blogspot.com/_CGPIdAqau4Q/RwLuJmNzyeI/AAAAAAAAACw/HKNa4sLhdB8/s1600-h/COH+champion+trade.JPG
> 
>   Any help here would be much appreciated.
> 
>   Thanks.
> 
>   Nizar.
> 
> 
> 
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