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Excellent idea Dave! I'll eagerly await the
suggestions. It can be abattle developing a system which doesn't
require constant babysitting whileyou watch how it works on each
stock.Bill -----Original Message----- From:
owner-metastock@xxxxxxxxxxxxx[<A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of David DeFina Sent: Wednesday, January 10, 2001 11:33
AM To: metastock@xxxxxxxxxxxxx Subject: BUY/SELL Trigger
question Is there a way to program the system tester to
know when a trade iscurrently long or short, and to base decisions based on
that trades entryprice? I want to program an exit point to equal the
“entry price” + say thestandard deviation of the previous 9 bars. This
would give you say 40 entryprice + 6 dollars standard deviation for an exit
price of $46. My system, which works quite well, uses a
profit stop of 12% to exittrades. This obviously works only on
highly volatile stocks. I would liketo have the system automatically
determine achievable profit goals based onhistorical volatility of the
stock, in order to have it work on stocks withvarying
betas. Is there a way to program profit stops that are
dependant on stockvolatility, and avoid using arbitrary points or
percentages in the profitstop tab?
Thanks, David DeFina
ddefina@xxxxxxxxxxxx
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