Grrrr! I am crazy with stops. I can not find any sense on them.. Just this code: //-------------------------- SetTradeDelays(1,1,1,1); ExitPct =10; ApplyStop(stopTypeLoss, stopModePercent, ExitPct, 1); // //CONDITIONS--------------------------------------- Cond1=Cross(MA(C,10),MA(C,50)); //LONG------------------------------------ Buy= Cond1; BuyPrice=Open; //open next bar! Sell=Cross(MA(C,50),MA(C,10)); SellPrice=Open ; //END OF CODE---------------------- I cannot imagine something easier! Two conditions to open and close, and a stoploss. Well, the stops work as they want. First, which have the preference: "Allow exit in the same bar" or "activate stops immediately"? And both are preferred over the 4th parameter of the applyStop? or not?
But anyway, if the exitPct is -10%.. Why Amibroker close the position not in -10%, but, -10.5%, -11% or so? I begin to be tired.. Couldn't be this easier? puf... anyone knows TradeStation and its EASYlanguage? could be an alternative? Tired greetings --- In [email protected], "Gonzaga" <gonzag...@...> wrote: > > Thanks for testing the code. > I have tested your tweaked code also, using a portfolio of stocks, or even > just one stock. > For example, in EOD bars, this code buys GRA on 6th feb2009, selling in the > same bar in a profit stop on 6th Feb. Ok. > But, it sells with 4.65% change (4.5% profit), nearly in the high of the day > So, it is supposed to close the position on 1% profit, isn't it? > So? > And, the stop loss has similar problems, closing positions on the same bar > lower than -1% loss.. > We can not trigger stops in the same buying bar ? > I think I'm gonna program my own stops.. > mmm.. > greetings > > > > > --- In [email protected], "progster01" <progster@> wrote: > > > > Your code seems to work for me here. > > > > Here it is again, just slightly tweaked: > > > > //SETTINGS---> > > PosQty=Param("Posiciones",10,1,20,1); > > SetOption("InitialEquity", 1000000 ); > > SetOption("AllowPositionShrinking", True ); > > SetOption("MaxOpenPositions", PosQty ); > > SetOption ("accountmargin",100); > > PositionSize = -100/(posqty); > > > > > > Buy = Sell = Short = Cover = 0 ; > > //----------- > > > > ExitPct = Param( "ExitPct", 1, .1, 10, .1 ) ; > > > > SetTradeDelays(1,1,1,1);//buy after signal > > ApplyStop(stopTypeProfit, stopModePercent, ExitPct, 1); //exit intraday > > on same bar at 2% > > ApplyStop(stopTypeLoss, stopModePercent, ExitPct, 1); //exit > > intraday on same bar at 2% > > > > //CONDITIONS--------------------------------------- > > Cond1=Cross(MACD(12,26),0); > > > > //long entry----------------------------- > > PositionScore= 100-StochK(15,3); > > Buy= Cond1; > > // BuyPrice=Open*1.001; //in open next bar! > > BuyPrice=Open ; //in open next bar! > > > > Sell=Cross(Signal(12,26,9),MACD(12,26));//sell in open next bar > > // SellPrice=Open*0.999; > > SellPrice=Open ; > > > > > > Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); > > > > //------------END OF CODE------------------ > > > > > > Notes: > > > > 1. My AB 5.3 install requires Buy, Sell, Stop, and Cover to all be defined. > > > > 2. I use the Open for BuyPrice and SellPrice. If you multiply the Open > > you could wind up with a price that does not exist during that bar. > > > > 3. I parameterized the ExitPct, and added the stopTypeLoss. > > > > 4. When I run a backtest, results look good, with rows and rows of profit > > and loss exits at the ExitPct, differing only in the 2nd decimal place. > > > > So, I don't know why it isn't working for you ... > > > > - Progster > > > > > > --- In [email protected], "Gonzaga" <gonzagags@> wrote: > > > > > > Thanks for the answer. > > > But I don't understand, yet. I'm sorry, but, suppose the next purchase: > > > Using end-of-day bars: > > > The system triggers a buy signal. > > > Then I buy on next day bar, just in the open. > > > Then, the stoploss should 'look the price', selling in the same bar if > > > loss is reached. > > > > > > How could the system knows if the stops triggers before or after the > > > buyprice? > > > Well, If I buy the open price, if the low is less than the stoplevel, > > > the system sells. > > > Is that simple, I think I could programm. > > > But I thought that was easier with the stops commands.. > > > Where is the mistake? > > > Thanx > > > > > > > > > > > > > > > --- In [email protected], Progster <progster@> wrote: > > > > > > > > Gonzaga, > > > > > > > > If a chart bar is the smallest data unit under test, your test cannot > > > > be > > > > accurate if price-based entries and exits take place in the same bar. > > > > This is because the path of price inside the bar is not known. > > > > > > > > Some platforms have an "inside the bar" smallest data unit under test > > > > (e.g. testing actually done to the tick level, assuming tick data > > > > exists, even though you are observing a Daily chart). This can be > > > > somewhat helpful for visualizing and testing some kinds of strategies, > > > > but tests done this way run at tick-bar speed, not at Daily bar speed. > > > > In any case, AB does not work this way. > > > > > > > > I recommend testing your system on a low enough timeframe such that > > > > entries and exits never occur on the same bar. > > > > > > > > I also recommend, if you need Daily TA numbers, then run on, say, a 5m > > > > chart (or even a 30m chart, depending), and write your code to use AB's > > > > time-compression/expansion to do the Daily-level TA. > > > > > > > > - Progster > > > > > > > > > > > > On 6/16/2010 3:50 PM, Gonzaga wrote: > > > > > > > > > > Well, I have to admit that I don't understand at all the stop system > > > > > performed by Amibroker. > > > > > > > > > > I have super-simplified my code, letting only a buy condition, and a > > > > > stop, established in the settings dialog, to avoid any code mistake. > > > > > So, I want to have a stoploss or stop profit, for example 5%. > > > > > I use settradedelays (1,1,1,1); > > > > > the stops execute in the same bar as stop-loss signal, using the > > > > > parameter in settings "exit intraday at stop(1)",which, as help files > > > > > says, "check High-Low prices and exit intraday on price equal to stop > > > > > level on the same bar when stop was triggered". > > > > > I also set "activate stops immediately", which is supposed that if > > > > > it's activated, "stop is activated after current bar signals" > > > > > And I also set to true, (I dont know if it's needed) "allow same bar > > > > > exit" > > > > > > > > > > Well, my system buys the day after buy signal, at open. And the stop > > > > > should sell in the stoploss limit exactly, at least if the stop > > > > > triggers in the same buying bar. If it is in another bar, there could > > > > > be a gap that make bigger the loss, of course. > > > > > > > > > > Well, there's no way. I obtain any loss, in the same bar, in > > > > > different > > > > > bars, and never limit to the stop loss number. > > > > > I understand nothing. > > > > > Does anybody know how to enter at next-bar open, and let the stoploss > > > > > triggers in the same bar of the stop signal? > > > > > Or at least, where is a clear paper explaining the exact usage of the > > > > > amibroker's stops?? > > > > > > > > > > Thanks a looot > > > > > > > > > > > > > > > >
