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Jim Dean

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Joined: 3/13/2006
Location: L'ville, GA

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Subject : RE: Intraday Stops
Posted : 1/26/2009 5:32 PM
Post #11300 - In reply to #11294

Hi Matthew:

I think what he was asking (or, at least, what I'd like to know) is:
How to code an exit that executes DURING the day, WHEN the intraday price hits the LLV(n prior days).

It would not be related to the Close of the daily bar, nor directly related to the Low - rather, it would fire sometime during aday in which the daily L was less than the LLV.
The exit would not be AT the low, but at the LLV value.

It prob is necessary for user to have intraday data to do this (your response implied that). However it should not be necessary, since it's a simple stop market or stop limit type of order.
I guess I still don't understand how to "program into" TP's.

I hope I'm wrong, and that there is a neat easy way to do this very common task, usinf EOD data.

Thanks as always!
Deleting message 11300 : RE: Intraday Stops


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