InitialStop and EnablePriceFilter gazing into the future to deicide exit

[hanhao]

InitialStop and EnablePriceFilter gazing into the future to deicide exit

my settings:
entryprice:= Close;
InitialStop:=entryprice*.98; {use a 2% initial stop}
ExtFml("TradeSim.EnablePriceFilter");
ExtFml("TradeSim.EnableProtectiveStop",1);


Here is a perfect example of it using future values to decide when to exit.

http://img139.imageshack.us/img139/5466/65162095cq9.jpg

take note of the 2 pink rectangle values.
on 3/1/1999 the open is 0.85
as the day progresses the price moves down to my initial stop of $0.8379

instead of exiting at 0.8379, tradesim exited at open price 0.85. Isnt that cheating!? Anyone knows how do i solve the problem?
how do i make it exit at 0.8379 or 0.8379*0.99 ?

[David Samborsky]

What is your exit price set to ??

[hanhao]

What is your exit price set to ??

ExitTrigger:=C>Ref(HHV(H,5),-1);

AExitTrigger:=Ref(ExitTrigger,-1);
AExitPrice:=OPEN;

[David Samborsky]

ExitTrigger:=C>Ref(HHV(H,5),-1);

AExitTrigger:=Ref(ExitTrigger,-1);
AExitPrice:=OPEN;

Use EnableDelayOfAllExitsByOneBar

ExtFml(“TradeSim.EnableDelayOfAllExitsByOneBar”);

This will delay all exits by one bar. Using this function there is no need to delay normal exits as in your formula above.

[hanhao]

Use EnableDelayOfAllExitsByOneBar

ExtFml(“TradeSim.EnableDelayOfAllExitsByOneBar”);

This will delay all exits by one bar. Using this function there is no need to delay normal exits as in your formula above.

thanks for the advice but back to the original question.
it does delay the exit by 1 day which makes it not cheating anymore but still the exit prices are stuck at open price instead of an intraday exit

how do i make it intraday exit at 0.8379 or 0.8379*0.99 ?

[David Samborsky]

Use SetExitPriceToInitialStop but then you shouldn't delay using EnableDelayOfAllExitsByOneBar.

[hanhao]

Use SetExitPriceToInitialStop but then you shouldn't delay using EnableDelayOfAllExitsByOneBar.

thanks david, that did the trick
for other's reference, the full command is ExtFml("TradeSim.SetExitPriceToInitialStop");