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allm4m,
Take a look at the "Hold" function.
Ed
--- In amibroker@xxxx, "allm4m" <allm4m@xxxx> wrote:
> Hello,
>
> I want to follow a buy signal only when it's confirmed by the price
> rising above the High of the bar when the signal was originally
> given. So e.g. bar #1 my buying conditions are met, but I don't buy
> yet, during bar# 2 the price remains under #1's High, I don't buy;
> during bar #3 the price rises above #1's High: I buy at that price.
> (Effectively I never buy on bar #1)
> (Aka "extreme point rule")
>
> So I have something like:
> Buy = Cond1 AND Cond2 (etc);
>
> 1. But then I don't really want to buy yet, I will wait till during
> one of the next 4 or 5 bars the price rises above the High of the
> signal's bar. So I change "Buy" into "Buysignal" or so and make a
> new "Buy". But how would I formulate this? It's probably something
> with BuyPrice and IFF I guess, but I can't figure out how.
>
> Or would I have to rewrite the whole formula?
>
> 2. I don't want to wait too long for a confirmation either, so if
> there's no confirmation within 5 bars, I will not buy, and don't
want
> a signal anymore.
>
> Any help appreciated.
>
> allm4m.
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