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Re: Help with coding an initial stop loss



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> Also, unless you are just back testing you will need to use Global
> Variables in order to pass the BarLow and BarHigh values to the next day
> unless you leave your computer on all the time.

Or as Bob has pointed out you can, if you like, re-run the same data
over and over.

> "Thomas J. Festa" wrote:
> >
> > I am able to store the values for BarLow or BarHigh on the EntryBar but it
> > seems that the system is not carrying the value forward to stop me out. The
> > stop only seems to work on the initial bar to the next day but won't get me
> > out if three or four days go by.  The system forgets I had an initial stop
> > loss order and doesn't carry it forward to the next bar.  I want the stop to
> > be like a Good Till Canceled order but the system cancels it after two or
> > three bars.  So I must be missing something here:
> >
> > ===========================================
> >
> > THEN Buy ("Long Entry") This Bar on Close;
> >
> > BarLow = LOW;
> > BarHigh = HIGH;
> >
> > IF MarketPosition = 1 and BarsSinceEntry = 1
> >          THEN ExitLong ("SellStopLoss") BarLow[1] Stop;
> >
> > =====================================================
> >
> > - Sugestions?
> >
> > Thanks,
> >
> > Thomas J. Festa, CMT
> > Technical Analysis Investment Consultant
> > Proprietary Trader, Equities
> > Benchmarq Trading, LLC  10003
> > Cell:   (908) 581-8880
> >
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