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try saving it in a variable
if whatever then condition99=true
else condtion99=false;
if condition99 then value99 = h[1] + y
else value99=999999999;
buy 237 shares value 99 stop;
good luck
Phil
----- Original Message -----
From: bkmk <bkmk@xxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, July 27, 2000 7:50 AM
Subject: Problems with stops
> I hop I can state this so my problem is understood.
>
> I trade stocks using a signal such as this:
>
> If x then buy at H[1] + y stop:
>
> y is a percentage of the stock price that I optimized on past data.
>
> The problem I'm having is this. If the conditions(x) are met but the
> stop(y)isn't reached, the long position is not entered and a new stop is
> recalculated based on that current bar which becomes H[1]. Sometimes I
find
> myself chasing a stock while its going up and the stop is never hit or its
> hit after the stock has gone up several points. A smaller stop would
> obviously help but it doesn't work in backtesting. Is there any way of
> writing the system using a stop based on the first or second bar after the
> buy signal is given? (Did I make myself clear?) Is this workable or is it
> just wishful thinking?
>
> Thanks,
>
> Barry
>
>
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