Different Stops for Long/Short Positions

Different Stops for Long/Short Positions

Dave W.
2013-08-09 18:36:37

Is it possible to set different parameters for nBar and stop_loss stops for long and short positions in a single trading system?

For example, for long signals, I want the nBar stop to be 15. For Short signals, I want the nBar stop to be 7.

QuantShare
2013-08-10 12:50:32

Best Answer

Here is an example on how to do that:

buy = rsi(14) > 80;
short = rsi(14) < 20;

SetSimStop(_StopNBar, _Point, iff(buy, 15, 7), 0);

Dave W.
2013-08-10 18:02:04

Excellent. Thanks.

Get more messages

No more messages

Back


Trading Items Long/Short Term Moving Average Indicator Money management to Reject Trading Positions Based on their Past ... Commitments of Traders Report for Financial Futures Stop Loss for the N-first Trading Bars only Number of Listed Companies for several Stock Exchanges	How-to Lessons How to display the number of stocks per day for different RSI gro... How to optimize the number of positions in a trading system How to plot two different time frames in the same chart How to quickly add several positions to your portfolio How to get fundamental data for U.S. Stocks
Related Forum Threads Different symbol list for Long/Short / custom portfolio categorie... Simulator: Different exit orders for different rules, partial exi... different weights for different asset class In-Sample and Out-Of-Sample Dates for Optimization add short cut for layouts	Blog Posts Rules performance for different volatility regimes How to Create Custom Metrics for Your Trading Positions Different Ticker Symbols for Each Data Source How to get buy and sell orders for a portfolio based on a trading... How to Select the Best Market Indicator for your Trading System