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Hi
I am trying to get the below script to buy and sell pivot point or
at least test this method.
I would like to buy if the support price is reached and sell a few
days later at the resistance level from the buy day.
The buy works great but I can't make the sell ref R1 on the Buy day
as a sell level.
It sells at a high price on a sell day which I don't understand.
This is my script
//Pivot Point PT
PP= (High+Low+Close)/3;
R1=(PP * 2) - Low;
R2= PP + High - Low;
S1= (PP * 2) - High;
S2 = PP - High + Low;
Cond1 = Low <= S1;
Cond2 = High >= R1;
Buy = Cond1;
BuyPrice = S1;
Sell = Cond2;
SellPrice = ValueWhen(Buy,R1);
//This should Sell at the R1 value
//on the Buy Day?? But it doesn't??
WHAT DO I NEED TO DO.
THANKS
Ernie
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