How can I build up an trailing stop limit buy order

How can I build up an trailing stop limit buy order

Christian
2017-02-20 11:08:18

If I am getting a signal from my strategie I want to activate an trailing stop limit buy order for a few days
and only if actual price is higher than the high from yesterday I want to go into the market.

Now I tried that code on my demo strategie, but I am getting no order?

Signal = sma(50) >= SMA(200); // Simple signal for testing
Buy = hhv(Signal , 10) == 1; //Signal is valid for a few days
buyprice(ref(high,1),1);
SetSimTiming(_Buy,_StopLimit,-1);

Here an example picture: https://drive.google.com/file/d/0B0z7bjnANzXTQ0l2Q3ZoQUk2YUk/view?usp=sharing

QuantShare
2017-02-21 03:13:11

You are defining a stop limit order here. There is no built-in "trailing stop limit" order.
What you need to do is create a money management script and have the script update the stop limit order on each trading day depending on the previous high.

Christian
2017-02-21 09:46:49

Hi Azouz,
please make me an offer for the descriped money managment script idea.
I need it for long and short orders an with two variables.
Fist "Distance in percent" and second "Number of valid days" (how many days the trailing is active).
Please add the coding to the existing script, see here: https://www.quantshare.com/item-1159-stop-mgmt-v-11
Regards
Christian

Stop Mgmt v 1.1 (by SystemTrade, uploaded several months ago)

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QuantShare
2017-02-22 03:29:33

Hi Christian,

Please send a message to support at quantshare dot com for that and we will send you a quote.

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