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Welcome readandwhitewizards,
Buy = RSIa( Close, 5 ) < 30;
Sell = RSIa( Close, 5 ) >70;
Buy = ExRem( Buy, Sell );
Sell = ExRem( Sell, Buy );
http://www.amibroker.com/guide/afl/afl_view.php?name=EXREM
Re: Learning AFL
My suggestion is to bunker down and scan the AmiBroker manual from
cover to cover and get to know everything that is possible with
AmiBroker, even if you dont fully understand everything you are
reading just take it in and over time the terms and concepts will
begin to make sense.
There are other ways:
This forum contains a wealth of knowledge and bright people.
Study samples from the AFL library.
to name a few.
Regards,
William Peters
www.amitools.com
Saturday, September 4, 2004, 1:59:18 PM, you wrote:
r> hello all, I'm new to this so please stick with me;
r> I want to create a simpe buy and sell scan based on the RSI -
r> Buy = RSIa( Close, 5 ) < 30;
r> Sell = RSIa( Close, 5 ) >70;
r> this generates lists of buy and sell points, but I only want to
r> create another buy after a sell has been generated, at the moment I
r> may get several buys on the trot. I have set the "number of open
r> positions" at 1, yet this has no effect. I'm obviously missing
r> something simple, can anyone help.....please!
r> Also, where's the best place to get started with AFL - for someone
r> with virtaully no knowledge of this at all?
r> Cheers
r> Check AmiBroker web page at:
r> http://www.amibroker.com/
r> Check group FAQ at:
r> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
r> Yahoo! Groups Links
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