This maybe worth consideration. /* Jacko's Buy Stop - If you are in a trend and you hit your stoploss, place a buy stop at exactly the same level as your stoploss. When the trend resumes it will collect you on the way back up When a stop loss has been triggered, Allow it to go past your SL by a minimum of 50 pips before you set the new order. When the market has turned and is coming in the "trend" direction, your order is then opened.*/
Regds Gerard --- In [email protected], "graphman27" <st...@...> wrote: > > I've noticed in trend-following strategies that use stop losses that it can > be quite easy to get stopped out of a position due to a max trade loss, but > not get a new buy signal for weeks or months. If the investment vehicle > merely had a quick dip of say -4%, you get stopped out but the symbol quickly > reverses upward for a big move, you could miss the whole thing. Moving > averages and any other trend-following signal could easily fall into this > trap. > > So, for example, what would be a simple way to make sure that once you're > stopped out, you can get back in to a major move WITHOUT waiting for a new > buy signal from the CROSS? > > ex: > > Buy = Cross(MA( Close,7 ),MA( Close,42 )); > > Sell = Cross(MA( Close,42 ),MA( Close,7 )); > > > Thanks! > > Steve. >
