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Graham
Thanks for taking the time to reply.
> what you have is the value of trough at the time Buy
> is signalled, ie
> trough prior to Buy
Yup that is what I am after: I want to plot the value
of this second previous low at the time of the buy
signal.
I thought that the 2 in ...
trough(ARRAY, change, n = 2)
meant I get the last but one (second last trough
value), but can play with this later.
What I want to do is plot this as a fixed value which
does *not* change as the price changes.
I have plotted this as an attempt:
b = Cross(C,EMA(C,30));
Y = ValueWhen(B,Trough(L,1,2),1);
Plot(Close,"close",colorBlack,64);
Plot(EMA(C,30),"ema 30",colorBlue,1);
Plot(Zig(L,1),"zig",colorGold,1);
Plot(y,"VALUEWHEN BUY",colorOrange, 1 | styleThick);
> Do you get additional buy signals after the initial
> one, if so these
> will reset your sell condition
No, there are no additional buy signals.
The Y value as indicated above seems to move up and
down with subsequent price action.
How do I stop the Y value from moving up or down?
What function can I use to take the value from Y and
plot it as a fixed straight line as in
Plot(1.5, "value",colorred,1); ???
independent of subsequent price action?
I am not sure if I am explaining this well.
Perhaps I should draw this and post the graphic?
Regards
ChrisB
> > Hi All...
> >
> > I want to set my initial hard stop at the second
> last
> > pivot point low using the Trough function.
> >
> > This is what I have tried:
> >
> > buy = whatever;
> >
> > initialStop = valuewhen(buy,trough(L,0.5,2),1);
> >
> > sell = cross(initialStop,close);
> >
> > when I test this on an individual stock to check
> the
> > exits I find this is not as expected.
> > I get sell arrows when the close has NOT crossed
> the
> > value of initial stop.
> >
> > I want the value of the second last trough at
> entry to
> > stay FIXED.
> >
> > Where am I going wrong?
> >
> > How can I code this?
> >
> > Regards
> >
> > ChrisB
> >
> > __________________________________
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> >
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> >
> >
> >
> >
>
>
> --
> Cheers
> Graham
> http://e-wire.net.au/~eb_kavan/
>
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