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In-Reply-To: <002b01c19aa2$3c8df400$6600a8c0@xxxxxx>
...And just when I thought it was safe to go back in the water... (:-)))
Anyone know a good piece of trailing stop code to use...?
Cheers,
Ian
> This is one of these things....
> A trailing stop (for instance on daily charts) is "calculated" from the
> high, however unfortunately in "real" life the high is not known in
> advance.
> I had such a "perfect" system but intraday that "traling distance from the
> high" would have been hit way before the actual high of the day set in
> (due
> to intraday swings).
> Tough luck I guess.
> Robert
>
> ===============================
> Robert Linders
> Orlando, FL
> email: mugsnug@xxxxxxxxx
> ===============================
> ----- Original Message -----
> From: "Ian Waugh" <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> Sent: Thursday, January 10, 2002 7:11 PM
> Subject: Percent Risk Trailing Stop
>
>
> > Can someone tell me what's wrong with this Omega trailing Stop? It
> produces
> > unfeasably good results!
> >
> > Cheers,
> > Ian
> >
> > {*******************************************************************
> > Description : Percent Risk Trailing Stop (Built In % Risk Trailing
> Stop)
> > - from TS 4.0
> > Provided By : Omega Research, Inc. (c) Copyright 1999
> > ********************************************************************}
> >
> > Inputs: PositionBasis(True), FloorAmnt(0), Amount(0);
> >
> > If PositionBasis Then
> > SetStopPosition
> > Else
> > SetStopContract;
> >
> > SetPercentTrailing(FloorAmnt, Amount);
> >
> >
> >
>
>
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