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hi,
I wrote some code, shown below. It works fine but for some reason it
finds a sell at the last day, always. Also in the window of display
it shows a sell at the open price. To investigate what is going on I
wanted to create some output to the "Interpretation" window. The code
is loaded in the "Indicator Builder" but even though it must go
inside these "if" statements I do not get any output. Why is that?
If somebody has a clue why I get a sell at the last bar that would be
very much appreciated as well,
regards, Ed
------ the code
// high threshold in %
hit = 2;
// low threshold in %
lot = 20;
// max duration of trade
maxdur = 40;
// generate buy signals
Buy = Cross(RSI(),30);
// buy the next day
Buynd = Ref(Buy,-1);
//
buyprice = Open; sellprice = buyprice; sellprice = 0;
sell = buy; sell = 0;
for (i = 0; i < BarCount; i++) {
// if a buy signal is found then search for an sell position
if (Buynd[ i ] == 1) {
// set the low + high thresholds for the buy signal
thigh = buyprice[i] + buyprice[i]*(hit/100);
tlow = buyprice[i] - buyprice[i]*(lot/100);
// find a sell position + price for every individual
buy signal
for (j = i; j < BarCount; j++) {
if ((j - i) > maxdur) {
Sell[ j ] = 1;
SellPrice[ j ] = c[j];
j = BarCount-1;
"a" + writeval(i,1.2);
}
if (h[j] > thigh) {
Sell[ j ] = 1;
SellPrice[ j ] = thigh;
j = BarCount-1;
"b" + writeval(i,1.2);
}
if (l[j] < tlow) {
Sell[ j ] = 1;
SellPrice[ j ] = tlow;
j = BarCount-1;
"c" + writeval(i,1.2);
}
if (o[j] > thigh) {
Sell[ j ] = 1;
SellPrice[ j ] = open[j];
j = BarCount-1;
"1" + writeval(i,1.2);
}
if (o[j] > thigh AND h[j] > thigh) {
Sell[ j ] = 1;
SellPrice[ j ] = open[j];
j = BarCount-1;
"2" + writeval(i,1.2);
}
if (o[j] < tlow) {
Sell[ j ] = 1;
SellPrice[ j ] = open[j];
j = BarCount-1;
"3" + writeval(i,1.2);
}
if (o[j] < tlow AND l[j] < tlow) {
Sell[ j ] = 1;
SellPrice[ j ] = open[j];
j = BarCount-1;
"4" + writeval(i,1.2);
}
}
}
}
// for the indicator builder window
Plot(C,"",1,64);
PlotShapes(shapeDownArrow*Sell,colorRed,0,SellPrice);
PlotShapes(shapeUpArrow*Ref(Buy,-1),colorGreen,0,BuyPrice);
title=name()+ ", O:"+writeval(o)+ ", H:"+writeval(h)+ ", L:"+writeval
(l)+ ", C:"+writeval(c);
// for the automatic analysis window
Filter = 1;
AddColumn(Buy,"buy");
AddColumn(Buynd,"buynd");
AddColumn(BuyPrice,"buyprice");
AddColumn(Sell,"sell");
AddColumn(SellPrice,"sellprice");
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