[amibroker] Re: How to use ApplyStop for setting trailing Stop - move up only

[jollypollyanna]

Could someone please fix this ApplyStop function?   I  have wrong syntax to do 
the business. The percent I think :*.  ApplyStop is the only Sell method used.

Any suggestions to correct, improve or simplify ApplyStop to work when called 
and not independent  would be good schooling. Thanx.

RaiseStop = (C  > ValueWhen(Buy, O) )* 1.50;  // Close price now is greater 
than buy price by 50%

Trail = IIf(RaiseStop, 5* ATR(14), 2* ATR(14)); // Trailing stop is 5 * ATR if 
% change less than 50%
ApplyStop(stopTypeTrailing, stopModePoint, Trail, 2);