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Can more than one trendline of each type (per stock analyzed) be
used in Scans, Explorations and Backtesting?
I've been messing around with the feature and I can't seem to get
AFL to recognize more than one trendline of each label type at a
time.
For instance the following code would be a very simple trendline
break buy and sell system:
DTL=Study("DN");
UTL=Study("UP");
Buy = Cross( High, DTL+.1 );
Sell = Cross( UTL-.1, Low );
Short=0;
Cover=0;
I've drawn two trendlines on my chart that I labelled "DN" using
the "Properties" dialogue that pops up when you doubleclick a
trendline you've drawn. I also set two others up labelled "UP" to
give sell signals for the downtrend break signals.
When I run a scan or a backtest AFL only recognizes one set of
trendlines, but I've labelled them all.
Can someone explain what I'm doing wrong, or am I even doing
anything wrong?
Tnaks.
-ace
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