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[amibroker] Re: Evaluating ami and wealth labs / Triangle Pattern



PureBytes Links

Trading Reference Links

A couple of things
The Buy = should have a 0 or 1 answer (true or false) Buy = BuyPrice does
not work as a singular event.
Buy price is dictated by the buy signal and and the bar referenced by your
settradedelays. 

As far as the rest, not sure off hand except include some added IIF
conditions for the price to be >low and <high of the purchase day.

Cheers,
Graham
http://e-wire.net.au/~eb_kavan/

-----Original Message-----
From: Ernie Newman [mailto:ewn87544@xxxxxxxxxxx] 
Sent: Tuesday, 24 February 2004 10:30 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Help with Buy Sell Signal


Hi 
 I am trying to test a Profit Test using support and resistance. I want to
buy only if the price hits the S1 level and buy at that 
price and sell only when the price reaches the R1 level.
Where 
PP= (High+Low+Close)/3;
R1=(PP * 2) - Low;
S1= (PP * 2) - High;
The below buys and sells the correct price only if the price reaches  that
level otherwise it could buy the open or sell the close. How can I make it
not buy if the price is not reached or sell.

BuyPrice = S1;
Buy = BuyPrice;
SellPrice = R1;
Sell = SellPrice;

Thanks
 Ernie



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