How to plot daily open and a stoploss of 5 points below open in amibroker

[ford7k]

Hi friends

I like to plot a price chart with daily open as a line and a stoploss below 5 points of open in Amibroker.

i LIKE TO GO LONG IF PRICE MOVES ABOVE DAYS OPEN.

Problem comes when I see intraday chart.
If I can see daily open as baseline then i can use it as my frame of reference.


thanks
ford

 

[jlmalhotra]

Instead I suggest Plot Open on your chart Trade above High of the bar that closes above the Open , And SL should be low of the same bar. Low should be below Open

 

[ford7k]

hi friend
thanks.
ok i will try this also on my test as option2.

ford

 

[PartTime_Trader]

D	=	5;
Plot(Op=TimeFrameGetPrice("O",inDaily,0), "Open", colorLightGrey, styleStaircase);  	
Plot(Op-D, "Open", colorLime, styleStaircase);  	
Plot(Op+D, "Open", colorBlueGrey, styleStaircase);

Cheers
::thumb::

 

[ford7k]

Hi parttimetrader

Thanks for the code.
regards
ford