|
PureBytes Links
Trading Reference Links
|
thanks dave, your help is much appreciated
--- In amibroker@xxxxxxxxxxxxxxx, "David Smith" <david.smith5@xxx>
wrote:
>
> Unfortunately you do have to program the exit price yourself for
all 3
> stops. The n-bar exit price is over ridden by your calculated exit
> (sell) price just as AB support has advised. It only works
> automatically if you are exiting on the open or close as defined in
the
> AA settings.
>
> It's a bit annoying I agree but you can get around it with coding.
I
> would also like some sort of function included with the nbar stop
to set
> the exit price, but until then lets try & code it. (note Metastock
is
> the same, it provides a time stop but the exit price must be
calculated
> properly). Actually I find it easier to program my own time stop
> anyway.
>
> Try this as example.
> // Trade delays all zero
>
> EntryTrigger = Cross(ma(C,5), ma(C,50)); // Example only..
>
> EntryPrice = High; // entry if go above todays high, example of
stop
> entry
>
> Buy = ref(EntryTrigger,-1) and H >= ref(EntryPrice,-1); // Stop
entry
> code
>
> BuyPrice = max(Open, EntryPrice);
>
> // Note, don't forget to account for time difference between
conditions
> & entry day
>
> StopExit = LLV(L,3); // Trailing stop ext, lowest low of 3 days
> ExitatStop = L <= ref(StopExit,-1); // Intraday exit
>
> ProfitTarget = C + 1.5*atr(5); // Profit target based on
yesterday's
> close + delta
>
> ProfitExit = H >= ref(ProfitTarget,-1); // intraday exit
>
> timeStop = 5; // time stop on 5th day, (exit day is day 5 & exit
at
> open)
> TimeExit = barssince(Buy) >= timestop;
>
> Sell = ExitatStop or ProfitExit or TimeExit;
>
> // now calculate the exit price, don't forget to give preference to
time
> exit first since I am assuming you will get out at open, then stop
exit
> as worst case, then profit target last;
> // you could get trickier if you want & check which way the open
> starts, & exit at profit if open gaps above. This code will be more
> conservative. I'll leave that to you to figure out.
>
> SellPrice = IIF(TimeExit, Open, IIF(ExitatStop, min(Open,
> ref(StopExit,-1)), Max(Open, ref(ProfitTarget,-1)));
>
>
> Hope that helps..
>
> Regards, Dave
>
Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
http://www.amibroker.com/support.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/amibroker/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:amibroker-digest@xxxxxxxxxxxxxxx
mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|