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Hi All
I think I have the basics of LineArray.
The code below shows the lines starting at the Open of
today, if today gives the Buy Signal.
However I will enter the trade tomorrow, so I need the
LineArray to start at the Open of tomorrow.
How to achieve this?
********************
// set linearrays for x% annualized return.
// to use in Trading plan for exits.
EMAtimeperiod =
Param("ematimeperiod",25,10,50,1);//vary the ema
Buy = Cross( Close,EMA(C,EMAtimeperiod));
BuyPrice = O;
//set minimum annualized returns.
Mingain = Param("mingain",1.2, 1.1, 2.0, 0.05);
//set maximal annualized returns to trigger an exit
Maxgain = Param("maxgain", 2.0 , 2.0 , 5.0, 0.5);
//define the wait period after buy
WP = Waitperiod = Param("waitperiod", 1, 0, 30, 1);
x0 = LastValue(ValueWhen(Buy,BarIndex() + WP,1 ) );
y0 = LastValue(ValueWhen(Buy, BuyPrice,1));// what to
use here?
x1 = x0 + 260;// one trading year
y1 = y0 * Mingain;
y2 = y0 * Maxgain;
MingainLine = LineArray(x0,y0,x1,y1,0,1);
Maxgainline = LineArray(x0,y0,x1,y2,0,1);
Plot(C, "", 1, 64);
Plot(EMA(C,EMAtimeperiod),"", colorGreen,1);
PlotShapes(shapeUpArrow * Buy, colorBlue, 0 , L, -15);
Plot(mingainLine, "line", colorGreen, 1);
Plot(Maxgainline,"maxgain",colorRed,1);
printf("barindex = " + BarIndex());
printf(" \n buyprice = " + BuyPrice);
printf("\n valuwhen buy = " + ValueWhen(Buy,C,1));
**************
Any suggestions appreciated.
Regards
ChrisB
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