i have been playing around with similar systems as well. It is tough to make it profitable.
here is 1 that is meant for futures and it scales in or adds to the position whenever a pivot high is broken and switches to short when a pivot low is broken: http://wisestocktrader.com/indicatorpasties/1642-piv-scaling
see example chart
Sent: Monday, March 28, 2016 2:52 AM
Subject: [amibroker] Sell Stops [1 Attachment]
Hi, could someone guide me to code to be able to reflect stops as follows:
1. The initial stop is just below the last significant trough.
2. Each time the price makes a new high for the trend by rising above
the last peak, the sell stop level for the whole position is trailed up to just
below the last significant confirmed trough
This is shown as per the attached.
The idea is taken from Colin Nicholson's book Building Wealth in The Stock Market.
Any help will be appreciated.
__._,_.___
Posted by: "Edward Pottasch" <empottasch@skynet.be>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (2) |
**** IMPORTANT PLEASE READ ****
This group is for the discussion between users only.
This is *NOT* technical support channel.
TO GET TECHNICAL SUPPORT send an e-mail directly to
SUPPORT {at} amibroker.com
TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
This group is for the discussion between users only.
This is *NOT* technical support channel.
TO GET TECHNICAL SUPPORT send an e-mail directly to
SUPPORT {at} amibroker.com
TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
.
__,_._,___
EmoticonEmoticon