Re: [amibroker] Specifying an exact SellPrice for FirstProfitTarget when ScaleOut

[Graham <kavemanperth@xxxxxxxxx>]

Scaling is all done using Buy and BuyPrice

-- 
Cheers
Graham Kav
AFL Writing Service
http://www.aflwriting.com



On 30/10/2007, dralexchambers <dralexchambers@xxxxxxxxx> wrote:
> Hi - I'm using the code supplied in the manual for partial exit
> scaling out on profit target stops (Manual: example 4, page =
> "Pyramiding (scaling in/out) and mutliple currencies in the portfolio
> backtester").
>
> The code snipet for scaling out on TP1 is as follows:
>
> FirstProfitTarget = 10; // TP1 at 10% profit
>
> //....rest of code ...//
>
> if( exit == 0 AND
>    High[ i ] >= ( 1 + FirstProfitTarget * 0.01 ) * priceatbuy )
>    {
>        // first profit target hit - scale-out
>        exit = 1;
>        Buy[ i ] = sigScaleOut;
>     }
>
>
> I am confused how you specify the actual SellPrice for the 1st TP
> above? All we did in the code was set a sigScaleOut marker, but not a
> price at which this should be done - I think???
>
> I would like to specify an exact SellPrice for TP1 of:
>
> ( 1 + FirstProfitTarget * 0.01 ) * priceatbuy
>
>
> Thanks,
> Alex
>
>
>
>
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>
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>
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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>
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>
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>
>
>
>


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