[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] How to keep buying in an uptrend?



PureBytes Links

Trading Reference Links

This sounds so basic, yet, I can't figure out how to do it:

I want to keep buying when today's price crosses yesterday's high plus 
a "fudge factor", Alpha:

  BuyPrice = Ref(High,-1)+ Alpha ;
  Buy = Cross(High, BuyPrice) ;

This works on the FIRST day after a downtrend, as today's high crosses 
yesterday's high, but it does not work on the following day, as the 
uptrend continues, as at that point we stay "above" the crossing point.
How do I create a construction that keeps buying every day of an 
uptrend at yesterday's high?

Thx,

Andre




------------------------ Yahoo! Groups Sponsor --------------------~--> 
In low income neighborhoods, 84% do not own computers.
At Network for Good, help bridge the Digital Divide!
http://us.click.yahoo.com/EpW3eD/3MnJAA/cosFAA/GHeqlB/TM
--------------------------------------------------------------------~-> 

Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to 
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/