Backtest - general question

AFL Programming
1

I am trying to write a program that has 3 possible trade exists. The basic structure is:

Buy = buy code
SellOrder1 = Sell condition 1 (profit target - such as High > Bollinger band)
SellOrder2 = Sell condition 2 (based on some indicator such as CCI slope < 0)
Sell order3 = Sell condition3 (Trailing stop)

SellOrder 1 and sell order 2 may use ApplyStop() function

I want to have a result of the earliest exit signal to be the one that takes effect and closes the trade.

Question:
Sell = SellOrder1 OR SellOrder2 OR SellOrder3;

Is the above appropriate code to achieve my objective or do I need to use CBT and process signals bar by bar and test for each condition sequensially?

Any other options?

Thanks
Ara

2

Neither SellOrder1 nor SellOrder2 need to use ApplyStop(). Therefore, just code your indicator logic, set the SellPrice variable correctly, and use:

Sell = SellOrder1 OR SellOrder2;

The trailing stop will be easiest to code with ApplyStop(). Do this as a separate step. You do not need to add this logic to the Sell variable. AmiBroker should enforce the first exit signal that it encounters.