MM Staggered Entry and Exit - Trading Software

MM Staggered Entry and Exit

allan nathan
2013-12-05 18:09:01

hi,
I am looking at the staggered entry and exit MM and would like to create a system that enters half the position when

Entry = close>= X bar high

I know how to code that.

If I want my second entry to be triggered when the stock advances 10% from my initial entry,how would I code that,i.e Close>=1.1* Entryprice

Is there an "Average up" money management,or a field that references "Entryprice"

I am trying to code a position that enters half the position on a breakout,the other half when the stock advances by the amount of the Stop on the initial
entry shares..

thanks,

Allan

QuantShare
2013-12-05 21:06:14

This can be implemented using the money management script.

Here is a script that can help you implement your strategy:
http://www.quantshare.com/item-1138-staggered-entry-and-exit-strategy

allan nathan
2013-12-05 22:05:50

that is the script i am looking at..

how can i code a target stop for the SELL such as

sell=1.1 *entryprice

is \

QuantShare
2013-12-06 13:07:02

Just add a 10% profit stop

allan nathan
2013-12-06 16:24:43

Is there a function similar to ApplyStop in Amibroker?

ApplyStop( type, mode, amount, exitatstop, volatile = False, ReEntryDelay = 0 )

Would it be the SetSimStop in QS?

SetSimStop(_StopLoss, _Percent, 20, 1)

I dont know how to code the second entry in a staggered entry.I would like to buy the second unit if the close >1.1 x EntryPrice of the first unit..

Is there a way to do this in QS?

QuantShare
2013-12-09 15:37:27

Hi Allan,

Please check this money management script:
http://www.quantshare.com/item-1385-staggered-trade-entry-profit-entry

allan nathan
2013-12-09 20:32:54

Thank you..that should help!!

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