Hi Howard, -ROC(15) is positive. I have tried to change it to ROC(15) but it does not work either. Just for interest, I have tried with RSI() and it was working but this is not what I want.
Br, Zozu --- In [email protected], Howard B <howardba...@...> wrote: > > Hi Zozu -- > > If you want a profit target of, say, 2.5 percent, the ApplyStop statement > wants a positive 2.5 for the third argument. (See the help files or > reference manual.) Plot the array ProfitTarget to see what the values being > computed by the ROC statement are. Multiply that array by whatever factor > is required to give you the amount of profit target you want to use. > > Thanks, > Howard > > > On Thu, Sep 2, 2010 at 6:07 AM, zozuzoza <zoz...@...> wrote: > > > > > > > Hi, > > Does anyone have an idea how to implement dynamic, volatility based > > profittarget? When the instrument drops more, the profittarget is higher. > > > > I tried the following but it does not work. > > ProfitTarget= -ROC(15); > > ApplyStop(stopTypeProfit,stopModePercent,ProfitTarget,1,True,0 ); > > > > Thanks, > > Zozu > > > > > > >
