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Hello to all.
I'm trying to code this Swing Trade system by Dave Landry...any
comments on my code (at the bottom)will be appreciated.
Thanks, EdM
Buy alert: If today's low and yesterday's low is greater than the 20-
day EMA. This signal remains valid until the low touches or falls
below the 20-day EMA.
Long exit: Place a stop equal to the 20-day EMA. Continue to update
this stop daily to form a trailing stop.
Sell alert: If today's high and yesterday's high is less than the 20-
day EMA. This signal remains valid until the high touches or rises
above the 20-day EMA.
Short exit: Place a stop equal to the 20-day EMA. Continue to update
this stop daily to form a trailing stop.
This is my code so far:
Buy = Ref( Low, -1 ) > Ref( EMA( Close, 20 ), -1 )
AND Low > EMA( Close, 20 );
Sell = Ref( High, -1 ) < Ref( EMA( Close, 20 ), -1 )
AND High < EMA( Close, 20 );
Buy=ExRem(Buy,Sell);Sell=ExRem(Sell,Buy);
Filter=Buy OR Sell;
AddTextColumn( FullName(), "Full name", 77 , colorDefault, IIf( Close
< 10, colorLightBlue, colorDefault ) );
AddColumn (Buy,"Buy");
AddColumn (Sell, "Sell");
AddColumn( Close, "Close " );
AddColumn( Open, "Open " );
AddColumn( High, "High " );
AddColumn( Low, "Low " );
AddColumn( Volume, "Volume " );
Comments/ Criticism?
Thanks again.
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