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Z3 trail in the wrong direction? #429793
09/18/13 17:41
09/18/13 17:41
Joined: Nov 2012
Posts: 126
B
blaub4r Offline OP
Member
blaub4r  Offline OP
Member
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Joined: Nov 2012
Posts: 126
My Z3 instance is short on XAG/USD. For the last few days, it has constantly lowered the Stop by about 0.01 per BarPeriod to 22.30 at last.
However, in the most recent BarPeriod, the Stop has been trailed to 22.51, so the the Stop ditance has been increased.
Is this WAI?

Re: Z3 trail in the wrong direction? [Re: blaub4r] #429852
09/19/13 10:56
09/19/13 10:56
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
Stops can move in both directions.

The Z1, Z2, and Z3 systems limit the duration of some trades by tightening the stop. This is the constantly lowering that you observed. It is not really trailing, as it can also happen when the price does not move.

When the entry condition is fulfilled again while trades of the same algorithm are still open, their duration is reset and their stop is set to the optimal value at the current price. This can move the stop both upwards or downwards.

Re: Z3 trail in the wrong direction? [Re: jcl] #429855
09/19/13 11:23
09/19/13 11:23
Joined: May 2013
Posts: 627
Bonn
Sundance Offline
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Sundance  Offline
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Posts: 627
Bonn
Thanks for the insights!! Does the same thing apply to Z12?

Re: Z3 trail in the wrong direction? [Re: Sundance] #429856
09/19/13 11:25
09/19/13 11:25
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
Yes.

Re: Z3 trail in the wrong direction? [Re: jcl] #429857
09/19/13 11:29
09/19/13 11:29
Joined: Nov 2012
Posts: 126
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blaub4r Offline OP
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blaub4r  Offline OP
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Joined: Nov 2012
Posts: 126
Ok, thanks for the explanation. Unfortunately, the trade has been stopped at 22.50 frown


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