Hi. Can anyone help? I am backtesting a system which uses Buy,Sell,Short,Cover variables,(TradeDelays,0,0,0,0) on close, and also stopTypeProfit(8.25%) and stopTypeTrailing(5.25%). The problem that I am having is in backtesting. One of the trades is a long position on the close, at $45.00, the following bar opens lower at 43.9353, and is closed out immediately (Long trail). Resulting in a loss of -2.37% The price then climbs to reach the profit target, but it's already closed. I set the trailing stop at 5.25% so shouldn't the trailingstop set itself at 5.25% below the entry price, and then trail, which is what I want it to do. Here is a snippet of my code,
Buy = Cross(FStRSISm,ForeignStochRSI) AND Permit; //Permit=Filter Sell = Cross(ForeignStochRSI,FStRSISm); Short = Cross(ForeignStochRSI,FStRSISm) AND (NOT Permit); Cover = Cross(FStRSISm,ForeignStochRSI); ProfStop = 8.25; TrailStop = 5.25; ApplyStop(stopTypeProfit,stopModePercent,ProfStop); ApplyStop(stopTypeTrailing,stopModePercent,TrailStop); The system itself, does not generate any exit signals or opposite entry signals which could also close the trade. Therefore I can only assume that I am missing something in the code or settings, for the trailing stop. Many thanks for any help, Chris.
