[JulianCohen]

Thanks Said so much…it’s 95% there now. I should be able to tweak the rest. Appreciate the help VERY much. I was getting a massive headache!

[JulianCohen]

So remove it from the looping completely?

[JulianCohen]

I want the stop to stay in one place.

I will buy one tic over the top of the set up bar and create a stop loss 1 tic below the set up bar. That S/L will stay in place until hit or the C>SMA exit works.

That’s what I am trying to do…

[JulianCohen]

Trent…It makes sense but it didn’t work haha…Thanks anyway. It’s given me another 1000 things to try

[JulianCohen]

You’re right…Appreciate it.

[JulianCohen]

Thanks Trent…doesn’t this code in the looping cover that occurrence?

if (LBIT[j]>1 AND LEx[j]) //Exit on SMA
{
Sell[j] = True;
SellPrice[j] = Max(Open[j],SMA[j-1]);
PriceAtBuy = 0;

It appears to be working correctly at first glance but I got so hung up with trying to work out the initial stop I haven’t had a good look at that yet.

[JulianCohen]

With this code my trailing stop is always either 0 or 1 and I can’t figure out why. What painfully obvious thing am I missing?

Code:

//=================================================================================
//Entry and Exit Signals
//=================================================================================

Cond1 = L < Ref(L,-1); Cond2 = BullDB > ClsSt;
Cond3 = H < SMA; Cond4 = C > SMA;
Cond5 = OptFilt AND IndexUp AND UniverseFilter AND HDBFilter; //All the optional filters

OnLastTwoBarsOfDelistedSecurity = BarIndex() >= (LastValue(BarIndex()) -1) AND !IsNull(GetFnData(“DelistingDate”));
OnSecondLastBarOfDelistedSecurity = BarIndex() == (LastValue(BarIndex()) -1) AND !IsNull(GetFnData(“DelistingDate”));

BuySetUp = Cond1 AND Cond2 AND Cond3 AND Cond5;
Buy = Ref(BuySetUp,-1);
BuyStop = H + 0.01;
SellStop = L – 0.01;

LE = Ref(BuySetUp,-1) AND H >=Ref(BuyStop,-1) AND NOT OnLastTwoBarsOfDelistedSecurity;// TRIGGER BAR Entry is all conditions fulfilled and above the BuyStop
LEPrice = Max(Open,Ref(BuyStop,-1)); //Entry Price

LEx = C > SMA; //Long Exit
LIS = Ref(BuySetUp,-1) AND L <=Ref(SellStop,-1) AND NOT OnLastTwoBarsOfDelistedSecurity; //Initial stop a tic below SetUpBar //-------------------------------------------------------------------------- //MCS code part 2 if(MCP) LE = LE && Random()*100>=MCP; // Identifier MUST match the Identifier in the trigger bar line above
//————————————————————————–

//=================================================================================
//Looping
//=================================================================================
Buy = 0;
Sell = 0;
PriceAtBuy = 0;
LBIT = 0;
LStop = Null;
//=================================================================================
for (j = 1; j < BarCount; j++) { if (PriceAtBuy==0 AND LE[j]) { Buy[j] = True; PriceAtBuy = LEPrice[j]; BuyPrice[j] = LEPrice[j]; LStop[j] = LIS[j-1]; LStop[j-1] = LIS[j-1]; LBIT[j] = 1; if (LBIT[j]>1 AND L[j] <= LStop[j-1]) { Sell[j] = True; SellPrice[j] = LStop[j-1]; PriceAtBuy = 0; } } else if (PriceAtBuy > 0)
{
LBIT[j] = LBIT[j-1]+1;

if (LBIT[j]>1)
{
LStop[j] = LStop[j-1];
}

if (LBIT[j]>1 AND L[j] <= LStop[j-1]) { Sell[j] = True; SellPrice[j] = LStop[j-1]; PriceAtBuy = 0; } if (LBIT[j]>1 AND LEx[j]) //Exit on SMA
{
Sell[j] = True;
SellPrice[j] = Max(Open[j],SMA[j-1]);
PriceAtBuy = 0;
}
}
}

[JulianCohen]

OK thanks. I’m trying to write a system with an initial stop and an exit but I’m struggling with the looping. I’ll keep at it. Thanks for the help guys

[JulianCohen]

You have a very relevant point!

[JulianCohen]

Ignore me…I’m an idiot!!! Which means of course I found it in the last place I chose to look, which should have been the first place I chose to look

[JulianCohen]

Why do you not trade the Rescources stocks?

[JulianCohen]

Thanks a lot Said and Nick. Perfect explanations

[JulianCohen]

I’m a little confused over the difference between a trend following system and a momentum system. Would someone mind explaining please?

[JulianCohen]

Buy the rumour, sell the fact

[JulianCohen]

I subscribe to this blog which often has a good read or two in it

http://quantocracy.com/

[Author]

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