Best way to monitor stocks you bought

[bullishArtist]

First off, im not sure if this is the right place to post this question. If it belongs somewhere else please move it.

for you who are using Amibroker, after you have placed your buys, how do you keep track of when to sell in Amibroker?
the issue i have is that i run an Exploration, find my buys but im not sure on how to keep track of them. I have a trailing stoploss and a max stoploss but for some reason the stoploss plot doesnt always show up on the chart. If i run the Exploration only one in a few show, in a backtest scan with the same rules the stoploss shows up more often than not. Im guessing there is a better way t keep track of your buys. Maybe code everything in an Exploration including the stoploss triggers, that way, all i need to do is run an Exploration and i can have all the info there, no need to look at the charts.
what are your thoughts on this?

 

[frugal.rock]

@bullishArtist
Please ignore the above post.

No doubt someone will be able to help you and I have quoted your post in its entirety in another thread that has Amibroker in the thread title in the hope of a response either here or there from someone who is willing to help, which is generally what we do here.

Best wishes.

 

[DrBourse]

First off, im not sure if this is the right place to post this question. If it belongs somewhere else please move it.

for you who are using Amibroker, after you have placed your buys, how do you keep track of when to sell in Amibroker?
the issue i have is that i run an Exploration, find my buys but im not sure on how to keep track of them. I have a trailing stoploss and a max stoploss but for some reason the stoploss plot doesnt always show up on the chart. If i run the Exploration only one in a few show, in a backtest scan with the same rules the stoploss shows up more often than not. Im guessing there is a better way t keep track of your buys. Maybe code everything in an Exploration including the stoploss triggers, that way, all i need to do is run an Exploration and i can have all the info there, no need to look at the charts.
what are your thoughts on this?

Hi bullishArtist

IMO, probably best to keep your own records – record Buy/Sell each trade when you receive your contract note.

Have a look at the Forum in the Beginners Lounge “DrBourse General Help for Beginners”, Page 2, Posts numbered 38, 39 & 40. There may be something there you could make use of, probably Nr 11 Completed Trades - Multiple Stocks.xlsx

Cheers

DrB

 

[rcw1]

Hi bullishArtist

IMO, probably best to keep your own records – record Buy/Sell each trade when you receive your contract note.

Have a look at the Forum in the Beginners Lounge “DrBourse General Help for Beginners”, Page 2, Posts numbered 38, 39 & 40. There may be something there you could make use of, probably Nr 11 Completed Trades - Multiple Stocks.xlsx

Cheers

DrB

Welcome back DrBourse. Hope you re found your sea legs.... on land

Kind regards
rcw1

 

[bullishArtist]

thanks DrBourse i will be checking the posts out.

 

[DaveDaGr8]

It's hard without the actual formula, but if you're using Amibroker Stops, you may need to use Equity(1) function to see them properly.

https://www.amibroker.com/guide/afl/equity.html

 

[bullishArtist]

It's hard without the actual formula, but if you're using Amibroker Stops, you may need to use Equity(1) function to see them properly.

https://www.amibroker.com/guide/afl/equity.html

Thanks,I worked it out why it wasnt working. the buy rules in the Exploration were slightly different than in the stoploss rules which leads me to another question. the code for the stoploss, is it better to create an indicator and drag it onto the chart or just add the stoploss code to the Exploration?

To me, it makes more sense to add it to the Exploration because, then there is only file that needs to be edited and also that stoploss in an indicator is only good for that strategy as the buy sell rules will be different.

does that sound logical?

 

[Joe90]

I suggest to mine Skates thread in the beginners page. He has some useful stoploss code in some of the .afl he has posted there. The advanced search function will assist...

 

[bullishArtist]

T

I suggest to mine Skates thread in the beginners page. He has some useful stoploss code in some of the .afl he has posted there. The advanced search function will assist...

Thanks Joe

 

[BoNeZ]

the issue i have is that i run an Exploration, find my buys but im not sure on how to keep track of them.

One method I've used is to flag the stock as a favourite in Amibroker after buying it then filter the exploration to show Buys which aren't favourites and Sells which are. After selling the stock I then removed the stock as a favourite. You can also achieve the same using a watchlist.

I also added my trades into the Amibroker Notepad then used AFL to read and decipher text into date, quantity, buy or sell.

 

[Joe90]

I use AmiBroker for filtered scans to identify target stocks. But I also mark up my trades ( I don't make many) in a Trading View account with entry and ISL, and adjust a trailing stop when/if I make gains. I run trading view in a browser tab while I'm at work to monitor trades. I trade EOD, TV data is delayed 20mins. Not that I'm anxious at all....?

 

[bullishArtist]

This is the procedure which I have come up with. Im sure it could do with some tweeking.
I create an Exploration which has Buy Sell conditions and a Fillter = Buy or Sell. I have two stoplosses a Trailing stoploss and a Max stoploss which I plot on the chart. Then after a buy I track the stock for the sell condition using the same Exploration and by eyeballing the chart to confirm the Exploration scan. The Exploration triggers a sell if the close hits a stoploss or the sell condition is met eg close crosses a MA.

Like I said it could do with some tweeking, Its still a work in progress. Ive been testing it with historical data and it seems to be working as expected but I will keep trying to break it before I can say its works.