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i use both languages, give the TS code,
i'll translate it
--- In equismetastock@xxxxxxxxxxxxxxx, "David" <junk@xxxx> wrote:
> Hello,
>
> I've been having some trouble converting a tradestation exit code
> into metastock language. For one thing, referencing the entry price
> when it keeps changing but that is just part of it. Thought maybe
> someone could help me out. Here is the description of how it works.
> Thought the description might be more useful then the code as someone
> migh know how to code it in metastock without previous experience
> needed in tradestation.
>
> 1. Exit on a stop at the lowest low of the last twenty-four days.
> 2. When the close is greater than the entry price plus 3 Average
> True Ranges, then exit on a stop at the lowest low of the last ten
> days. 3. Once the trade has reached an intraday peak (not
> necessarily on a closing basis) that is 4 Average True Ranges or more
> above the entry point, place a sell stop at 2 Average True Ranges
> above the entry point. 4. When the close is greater than the entry
> price plus 6 Average True Ranges, then exit on a stop at the lowest
> low of 4 days. 5. If the highest close in the trade is greater than
> one Average True Range above the entry point and the highest close
> occurred within the last 3 days and the ADX begins to decline (lower
> today than 3 days ago) then exit tomorrow at today's low on a stop.
>
> Best Regards,
> David
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