There is a guy called Marketsufer on another thread he is long 10 CL contracts from around 95. He is currently $20,000 out of the money. If it goes to 86 he will be down $90,000. He doesnt have a stop just seems to be praying for a rally now and planning to hold over the weekend. http://www.elitetrader.com/vb/showthread.php?threadid=263424
what are you using to generate signals there? here ya go cdcaveman it's one of several 'SuperTrend' indicators but seems to work ok on all timeframes exported from NT v 7.0.1000.8
cdcaveman. you can try googling 'amibroker supertrend indicator' but some of the so called 'supertrend' indicators especially those for MT4 is the Gann HiLo Activator or variations of it and Not very good at all attached chart shows 2 common indicators that should be available for Amibroker the EMA Cross - double blue and yellow lines set to 2 and 3 or any MA cross will do and the HiLo (Gann) Activator cyan and red line set to 2 which also has arrows as you can see all 3 indicators have a high correlation between their signals, and adding an arrow shouldn't be much of a coding problem but don't be fooled by the arrows, depending on how the price moves, 2 or 3 bars sometimes need to pass before an arrow appears, and you should be able to see that on the charts I've posted, the price will have moved Then the arrow appears and of course sometime an arrow that appears disappears ; oh and set if possible 'Calculate on Bar Close' to false, at least that's my setting also included is a 5min CL chart with the same indicators to give you an idea of how the indicators perform on a small tf - same same as much as anything the color of the price bar itself indicates the B/S. one thing about the HLActivator is that you get a sort of Support line, and the idicator is some- thing of a StopLoss indicator, and that's another method to generate B/S signals