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The closest we can come to the canned Max Loss or Profit Target
stop is to exit a trade at the close of the particular bar. I have not
found a way to replicate the "Exit at Stop Price" option.
You must define a variable that captures the entry price, and
stores that price using the PREV function until the exit-triggering
event has occurred. It's kind of unwieldy, but if you want an
entry-price-dependent exit, it works.
----- Original Message -----
From: "Herman van den Bergen" <psytek@xxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Saturday, August 25, 2001 11:24 AM
Subject: Coding MaxLoss and ProfitTarget Stops
> Has anybody succeeded handcoding the Maximum Loss and Profit Target Stops
> such that System Tester Stop results are identical to using the custom
> coded stops?
>
> I am having great difficulty getting similar results and would appreciate
> any suggestions or pieces of code that can help me.
>
> Thanks!
> Herman.
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