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1-It will exit late if there is another buy signal; equity(1) should fix that.
2-Positions: long, short, or long and short.
Bob
-----Original Message-----
From: ewn87544 [mailto:ewn87544@xxxxxxxxxxx]
Sent: Friday, May 23, 2003 12:06 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Help with Sell Signal
Could someone please tell me why the following script
will not exit consistently 5 trading days following the
BUY signal. Also what backtester boxes should be checked
to only allow single directional trades.
Thanks
Ernie
ArmsIndex = Foreign("!Trn-n","C");
Trin_5 = Ref( ArmsIndex, -4 )+Ref( ArmsIndex, -3 )+Ref( ArmsIndex, -
2 )+Ref( ArmsIndex, -1 )+Ref( ArmsIndex,0);
Cond1 = Ref(Trin_5,-1)> 6 AND Ref(Trin_5,0) < Ref(Trin_5,-1);
Buy = Cond1;
Sell = Ref(Buy,-5);
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