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[amibroker] Re: An interesting Buy signal



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Hi Dimitris:

Could you please paraphrase the following so I could understand it.

S2=Sum(C<Ref(C,-3),10)==10

I'm reading it as:  Lookback 10 bars and total all closes today that
are less than the closes 3 days ago that are = to 10???

TIA,

Dominick




--- In amibroker@xxxxxxxxxxxxxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx>
wrote:
> Here is a variation of
> http://www.linnsoft.com/scans/tdSequentialSetup.htm
> method.
> The small hollow circles are used as warnings of the upcoming Buy
signal, which comes as soon as the sequence is interrupted.
> It seems interesting.
> 
> 
> Plot(C,"C",colorBlack,64);Title=Name();
> for(x=5;x<20;x++)
> { 
> S2=Sum(C<Ref(C,-3),x)==x;
> Buy=s2==0 AND Ref(s2,-1);
> PlotShapes((shapeHollowSmallCircle+shapePositionAbove)*s2,x);
> PlotShapes(shapeUpArrow*Buy,colorBrightGreen);
> Title=Title+WriteIf(s2,"["+WriteVal(x,1.0)+"]","");
> }


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