AW: [amibroker] Selling by percent drawdown

["TB" <tzg@xxxxxxxxxxxxxxxx>]

Hi,

Here is the code. You can also use the build-in settings.
Simple click in AA: Settings - Trade

Buy = RSI() < 25;
BuyPrice = ValueWhen(Buy,C);
Sell = RSI() > 50 OR Close < BuyPrice *.90;

Regards

Thomas
www.tradingbasis.com


-----Ursprüngliche Nachricht-----
Von: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] Im Auftrag
von jacquesmmathieu
Gesendet: Sonntag, 26. Juni 2005 05:24
An: amibroker@xxxxxxxxxxxxxxx
Betreff: [amibroker] Selling by percent drawdown

I wanted to code so that my system sold when it drew down a certain 
percentage from the buy, but after repeated checking of my results I 
have been getting no sell signals from drawdowns (in essence a 
stop). My coding sucks, but maybe someone can tell me what I'm doing 
wrong.

Simple version:

buy = rsi() < 25;
sell = rsi() > 50 or close < buy*.90;

Can I even use buy like that? Sorry for the stupid question guys.

Thanks,

Jacques








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