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To anyone who can help,
Currently my maximum stop loss is 4% and trailing stop is 8% in
Settings. What I would like to do is this, if the price drops from
4% to 6% below my buy price, give a signal to exit at the open the
next trading day, but if the price drops more than 6%, I want to exit
it immediately.
I tried using: ApplyStop(0,1,6,1); -- maximum stop loss, percent
mode, 6%, exit at stop YES; -- but by useing it, it made everything
a 6% max stop, exit @ stop and ignored the 4%.
I'm looking for:
max stop at 4%(exit at stop=NO)
max stop at 6%(exit at stop=YES)
trailing stop at 8%(exit at stop=NO)
How can I do this in afl code?
Nathan
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