Re: [amibroker] Safezone Stop

["Anthony Faragasso" <ajf1111@xxxxxxxx>]

Russ,
 
Although I am not familiar with the Safezone stop ( which is the final stop
value ? ) ....
you could try setting a condition like:
 
condforstop=iif(safezonestop < ref(safezonestop,-1), ref(safezonestop,-1)
safezonestop);
 
Anthony
 
-------Original Message-------
 
From: amibroker@xxxxxxxxxxxxxxx
Date: Sunday, April 20, 2003 21:03:39
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Safezone Stop
 
Hi All,
 
Consider the following for the safezone stop:
 
B=Low;
 
B1=Ref(L,-1);
 
Y=IIf(B<B1,B1-B,0);
 
Y1=Sum(Y,22);
 
Y2=IIf(B<B1,1,0);
 
Y3=Sum(Y2,22);
 
Y4=Y1/Y3;
 
Y5=B1-(2*Y4);
 
Y6=Ref(Y5,-1);
 
Y7=Max(Y5,Y6); 
 
Graph2=Y7;
 
Graph2Style=1+4;
 
Graph2Color=9;
 
Is there anyway to refine the formula to prevent it from lowering 
stops in an uptrend? I.e If the formula tells us to lower the stop, 
it simply leaves it at the previous day's level.
 
Thanks for the help
Russ
 
 
 
 
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