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Hy everybody!
I´m looking for some help programming a working sell signal. I´ve
tried several reference sites but I´m stuck with it. The logic is:
- filter OUT all values wich are 5 Points above the buyprice for the
following rule (for them another rule should be applied)
- for the rest (above 5 Points): remember the open value of the last
high-candle and
- sell, if close < the open value of this last high-candle OR
- sell, if close < open-value of the buy-candle (for all these who
went not above the 5 points and went down)
I´d like to include that exit-strategy in the following formula wich
work pretty nice at 1 min candlesticks of e-mini Nasd 100:
Cond1 = STOCH(14) < 29;
Cond2 = close > open;
Cond3 = ref ( close, -1) > ref ( open, -1);
Cond4 = close > ref(open, -2) AND close > ref(open, -1) ;
Cond5 = close > ref(close, -2) AND close > ref(close, -1);
Buy = Cond1 AND Cond2 AND Cond3 AND Cond4 AND Cond5;
Sell = close < ref(open, -3) AND close < ref(open, -2) AND close < ref
(open, -1);
buy = ExRem( buy, sell );
sell = ExRem( sell, buy );
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