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jaydot

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Alias Born 08/06/2009

jaydot

Re: None

Monday, 09/07/2009 7:51:54 PM

Monday, September 07, 2009 7:51:54 PM

Post# of 795
What is the closest way to approximate a trailing stop within a formula. I know i can use a conditional order and specify a trailing stop but that precludes any other sell formula criteria that I may want to use... My formula references 30 min. bars so I know I can do this for example

(Bar[Close,30] < EntryPrice * .980) OR (Bar[Close,30] < Bar[High,30] * .980)

I don't want to maintain positions over night, so I'm really only dealing with the high of each 30 min. bar from entry until 1600.
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