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Matthew Greenslet

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Posts: 2077

Joined: 2/27/2006

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Subject : RE: Two Bar Trailing Stop
Posted : 6/4/2007 9:53 AM
Post #5139 - In reply to #5126
#Stop
#Param "Periods", 2
Dim myLevel As Single

myLevel = myLevel[1]

If Signal = LongSignal Then
If myLevel = 0 Or LLV(Periods) > myLevel Then
myLevel = LLV(Periods)
End If
ElseIf Signal = ShortSignal Then
If myLevel = 0 Or HHV(Periods) < myLevel Then
myLevel = HHV(Periods)
End If
End If

ExitLevel = myLevel

If Signal = LongSignal and C < myLevel Then
Signal = ExitSignal
Else If Signal = ShortSignal and C > myLevel Then
Signal = ExitSignal
End If


[Edited by Matthew Greenslet on 6/4/2007 10:08 AM]

Deleting message 5139 : RE: Two Bar Trailing Stop


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