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I've been trying to work with the built in adx/dmi line and have
found that the +cross (+DI going above -DI) has been rather
predictive of stocks that I have made money on. Conversely, when
there is a -cross (-DI going above +DI) I have routinely lost money
despite the fact that other indicators had not recommended a sell.
What I would like is to be able to do a scan for times when there is
a cross. I tried to modify the built in file with:
Buy = cross (pd, md)
Sell = cross (md, pd)
and I kept getting a syntax error pointing to the second "l"
in "sell".
I then tried:
Buy = ValueWhen( Cross( pd, md ))
Sell = ValueWhen( Cross( md, pd ));
again, getting the same syntax error.
Any help in automating this process would be much appreciated as I
think that this may be a very effective tool for narrowing down my
stock list for potentially high profit buys.
Thanks,
ron
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