[amibroker] Re: Manual Stop

["ezbentley" <ezbentley@xxxxxxxxx>]

Thanks. But is there a way to manually set a trailing stop as a
percentage of the profit/loss of current trade? For example, exit if
the price drops by 10% from the peak value of the current trade.

Thanks,

Steven



--- In amibroker@xxxxxxxxxxxxxxx, Keith McCombs <kmccombs@xxxx> wrote:
>
> Steven --
> Yep.  For example to place sell stop 0.1 below yesterdays EMA(C,40):
> 
> SetTradeDelays(1,0,1,0);  // in on tomorrow's open
> BuyPrice = Open;
> ShortPrice = Open;
> 
> Rfe = 0.1;  // room for error, could use ATR for example
> Slippage = 0.05;  // or what ever you want
> SellPrice = IIf(Open<Ref(EMA(C,40),-1,-Rfe),Open,
>                 Ref(EMA(C,40),-1)-(Rfe+Slippage));
> Sell = IIf(L<Ref(EMA(C,40),-1)-Rfe,True,False);
> // Note: SellPrice is meaningless unless Sell is True
> Short=Cover=0;  // I don't short (usually)
> -- Keith
> 
> ezbentley wrote:
> 
> > Is there any way to implement stops manually without using ApplyStop?
> >
> > Steven
> >
> >
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