[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Coding Stop Loss Orders?



PureBytes Links

Trading Reference Links

For some reason when I insert the following code into a strategy I end up
getting short on my long exit:

Buy ("Long Entry") This Bar on Close;

BarLow = LOW;
BarHigh = HIGH;

IF MarketPosition = 1 and BarsSinceEntry >= 1 THEN BEGIN
	
Sell ("Exit Long") BarLow[1] Stop;

=========================================================
Sell ("Short Entry") This Bar on Close;

BarLow = LOW;
BarHigh = HIGH;

IF MarketPosition = -1 and BarsSinceEntry >= 1 THEN BEGIN
	
Buy ("Exit Short") BarHigh[1] Stop;

=========================================================

Thomas J. Festa, CMT
Technical Analysis Investment Consultant
Proprietary Trader, Equities
Benchmarq Trading, LLC  10003
Cell:   (908) 581-8880

Confidentiality Notice: The information contained in this e-mail and any
attachments may be legally privileged and confidential. If you are not an
intended recipient, you are hereby notified that any dissemination,
distribution, or copying of this e-mail is strictly prohibited. If you have
received this e-mail in error, please notify the sender and permanently
delete the e-mail and any attachments immediately. You should not retain,
copy or use this e-mail or any attachment for any purpose, nor disclose all
or any part of the contents to any other person.