hi mike thanks for formula but it is applicable only long trades how can i also use it at short trades example if i sell a stock at 100 with 1% stop loss at 101 when prices drop 5% at 95 stop should move to break even at 100 thank you
--- In [email protected], "Mike" <sfclimb...@...> wrote: > > Hi, > 1. You should not be passing expressions like "exitAtStop = True" for > parameters. Just pass True. The "=" part is for documentation only. > 2. You don't need a loop here. ApplyStop accepts dynamic stop values via > an array. Try the following (assuming that Buy does not have any > redundant signals - i.e. use ExRem): > PriceBought = ValueWhen(Buy, Close); > Threshold = Close >= 1.05 * PriceBought; > Threshold = Flip(Threshold, Sell); > > Stop = IIF(Threshold, 0, 1); > ApplyStop(stopTypeLoss, stopModePercent, Stop, 1, true); > > Mike > --- In [email protected], "smrcek18" <smrcek18@> wrote: > > > > > > > > > > > > > > Anyone knows what is wrong with the code below? It gives me strange > results. It ignores BreakevenTarget variable... > > > > BreakevenTarget = 5; > > priceatbuy=0; > > highsincebuy = 0; > > > > for( i = 0; i < BarCount; i++ ) > > { > > if( priceatbuy == 0 AND Buy[ i ] ) > > { > > priceatbuy = BuyPrice[ i ]; > > } > > if( priceatbuy > 0 ) > > { > > highsincebuy = Max( High[ i ], highsincebuy ); > > if( highsincebuy >= ( 1 + BreakevenTarget * 0.01 ) * priceatbuy > ) > > { > > // 5% target hit > > sellpercent = 0; > > } else { > > sellpercent = 1; > > } > > } > > } > > > > ApplyStop(stopTypeLoss, stopModePercent, > sellpercent,exitatstop=True,volatile=True,ReEntryDelay=False); > > > > > > --- In [email protected], "smrcek18" smrcek18@ wrote: > > > > > > Hello, > > > > > > Can anyone help me with coding a stoploss that goes to break-even > point and stays there? > > > > > > Let's look at this simple code: > > > > > > BuyPrice = C; > > > SellPrice = C; > > > > > > Buy=C>Ref(H,-1); > > > Sell=C<Ref(L,-1); > > > > > > ApplyStop(stopTypeLoss, stopModePercent, 1, True); > > > > > > I would like that when the price reaches +5% the stoploss moves from > 1% to break-even point (zero+commision+spread) and stays there. Second > option is to have a stoploss that goes to break-even point after a > couple of days (lets say 10 days) and stays there. > > > > > > I was looking at similar example here > http://www.mail-archive.com/[email protected]/msg45865.html, but > it's too complicated for me :( > > > > > > I would appreciate if anyone could help me with that. Thanx. > > > > > >
