Setting stop loss for each trade

Setting stop loss for each trade

suresh
2010-10-13 09:48:07

At entry I want to set the stop loss for a trade. It will be a fixed dollar value based on standard deviation and price trends. Therefore stop loss will be a different value for each security. I can compute the %age but will not be able to use the SimStop value update function. Any ideas?

QuantShare
2010-10-13 10:28:44

Best Answer

For a dollar value use:
SetSimStop(_StopLoss, _Point, [formula], 0);

For a percentage value use:
SetSimStop(_StopLoss, _Percent, [formula], 0);

Get more messages

No more messages

Back


Trading Items Stop Loss for the N-first Trading Bars only Trade Plan - Entries/Profit Target/Stop Loss Average Stock Performance for each U.S Exchange Output metric for each trading year Random Value for Each Trading Bar	How-to Lessons How to automatically draw Fibonacci Retracement for each new stoc... How to create and trade a Neural Network model How to create a volatility-based Stop - Dynamic stop based on the... How to download historical EOD data for penny stocks How to optimize the stop limit of a trading system
Related Forum Threads Stop Loss for Intraday Trading System Stop Loss effective only for 1st 2 bar of order .. Dynamic Watchlist update for each time step during a simulation? Profit loss protection trailing stop line on chart . Create and Export each database for each market	Blog Posts How to Backtest Your Trading System for Each Industry Different Ticker Symbols for Each Data Source How to predict and trade the stock market using pivot points How to use QuantShare screener to trade penny stocks Step by step on how to get free realtime/delayed data for stocks,...