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[amibroker] Re: The last best-fit parabolic trendline



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Why not use the cross function

Buy = Cross( 30, RSIa( Close, 5 ) );
Sell = Cross( RSIa( Close, 5 ),70 );

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

-----Original Message-----
From: Thomas Zmuck [mailto:tzg@xxxxxxxxxxxxxxxx] 
Sent: Sunday, September 05, 2004 5:25 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: AW: [amibroker] to buy and sell?

You can also add equity(1):

Buy = RSIa( Close, 5 ) < 30;
Sell = RSIa( Close, 5 ) >70; 
Equity(1);


Best regards
 
Thomas Zmuck
www.tradingbasis.com

-----Ursprüngliche Nachricht-----
Von: readandwhitewizards [mailto:foxblade@xxxxxxxxxxxxx] 
Gesendet: Samstag, 04. September 2004 19:59
An: amibroker@xxxxxxxxxxxxxxx
Betreff: [amibroker] to buy and sell?

hello all, I'm new to this so please stick with me; 

I want to create a simpe buy and sell scan based on the RSI - 

Buy = RSIa( Close, 5 ) < 30; 
Sell = RSIa( Close, 5 ) >70; 

this generates lists of buy and sell points, but I only want to 
create another buy after a sell has been generated, at the moment I 
may get several buys on the trot. I have set the "number of open 
positions" at 1, yet this has no effect. I'm obviously missing 
something simple, can anyone help.....please! 

Also, where's the best place to get started with AFL - for someone 
with virtaully no knowledge of this at all? 

Cheers





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