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.

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