[amibroker] A general BUY condition based on an Index

["Werner" <WKRAG@xxxxxxxxxxx>]

Good day,

how do I formulate a BUY condition based on general market trend? I 
have several BUY conditions in my system but want to add an 
additional qualifier. What I have in mind is this:

If the RSI(20) of the "SP 500" is above 70,  SELL

If the RSI(20) of the "SP 500" is below 30,  BUY

In other words: BUY / SELL   stocks ONLY if the SP meets the above 
condition. 

Thanks for any suggestions. 

Werner

 





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