How to plot simple trailing stoploss of fixed points

josh1

Well-Known Member
#1
Can anybody tell me how to create and plot a Trailing stop loss of fixed points? Say 2, 5 , 10, 20 or 40 points.
Built in Applystop function does not plot stop loss.
 
#3
Can anybody tell me how to create and plot a Trailing stop loss of fixed points? Say 2, 5 , 10, 20 or 40 points.
Built in Applystop function does not plot stop loss.
I think first of all we must have buy and sell rules, then only we can set stop loss system
 
#4
For example the logic will be like this.
1. Buy signal is generated
2. we keep a stop loss of 20 points down from the high
3. if next bar high is higher then stop loss is increased to current high - 20.
4. if price does not cross next high then stop loss will remain same.
5. we use Plot function to plot it on chart
I am not much into programming but will give it a try

Similarly the logic will be reverse for short signal
 

sr114

Well-Known Member
#5
Can anybody tell me how to create and plot a Trailing stop loss of fixed points? Say 2, 5 , 10, 20 or 40 points.
Built in Applystop function does not plot stop loss.
Josh

Ed had written/converted Vstop (stopless) from Metastock. u canuse it for ur requirement

rgds
subroto

p.s.- just google+"vstop"+"amibroker" ad u will find it
 

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