I'm backtesting a system which uses both a profit and loss point stop. The issue is I only want to activate(at my stop price) the loss stop immediately, but NOT the profit stop. Amibroker seems to only allow you to activate all stops immediately or none at all. During backtesting, I'm continuously being stopped out at a profit on my ENTRY bar, even though I know that the profit target was probably hit before I entered the trade. On the other hand, I still want to activate my stop loss immediately because I want to be able to optimize how closely I set my stop loss minimize being stopped out unnecessarilty.
Any ideas? thanks in advance for your help? Chris,
